by Sanford Okura | Dec 18, 2009 | Articles
TENANTS BY THE ENTIRETY Most married couples in Hawaii buy their home as “tenants by the entirety.” Many have transferred their home to their trusts. Which is better? To own your home as tenants by the entirety, or to put your home into your trusts? Let’s look at...
by Sanford Okura | Nov 29, 2009 | Medicaid and Nursing Home Costs
The February 2006 Estate Planning Insights column was entitled “Big Change in Medicaid Laws.” On February 1, 2006, Congress passed the Deficit Reduction Act of 2005. President Bush signed the bill into law on February 8, 2006. This new federal law makes important...
by michelle | Nov 5, 2009
by michelle | Nov 5, 2009
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by Sanford Okura | Oct 14, 2009 | Articles
In estate planning, it is important to understand “stepped up basis.” When you buy property (for example, real estate or stocks) your “tax basis” in the property is the amount you pay for the property. When you sell the property, you have profit or “gain” equal to...
