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Asset Protection – Part 1 (March 2013)

ASSET PROTECTION – Part 1 By Ethan R. Okura             Today I want to talk about Asset Protection.  What is Asset Protection?  Asset Protection is creating and implementing a plan to protect your...

2013 Estate Planning Update (February 2013)

2013 ESTATE PLANNING UPDATE By Ethan R. Okura             Here is a 2013 update on important numbers used in Estate Planning and Medicaid Planning in Hawaii. How much money and property can a person have at death without paying estate taxes? As I mentioned in last...

Tenants by the Entirety Protection Available in Trust (Dec 2012)

NEW LAW: TENANTS BY THE ENTIRETY PROTECTION AVAILABLE IN TRUST By Ethan R. Okura Hawaii has a new law which allows married couples or reciprocal beneficiaries who hold real property as tenants by the entirety to transfer their real estate to revocable trusts...

The Durable Power of Attorney – Part 2 (June 2012)

THE DURABLE POWER OF ATTORNEY – PART 2   Not all Powers of Attorney are of equal quality.  You need a carefully written Power of Attorney which contains special wording for estate planning situations.  A Power of Attorney does not give the...

The Durable Power of Attorney – Part 1 (May 2012)

Every adult should have a Durable Power of Attorney.  A “Power of Attorney” is a legal document in which one person gives another person the power to act for him, including the power to sign papers for him.  The person who is giving the power is...

Understanding Revocable Living Trusts (April 2012)

UNDERSTANDING REVOCABLE LIVING TRUSTS   Trusts began in England in the Middle Ages. The Statute of Uses is a law enacted in 1536 under King Henry VIII. The Statute of Uses is the basis of trust law in England.  From England, the concept of trusts came to America...