Learn about getting a Trust, Trust Amendment or Will made, or get help with Probate today. Contact us for a complimentary, no obligation consultation (Phone & Online appointments available). Because failing to update your trust could cause disastrous results, putting your assets, money & property into the probate system - instead of to who you intend to inherit.
First, a properly drafted estate plan can prevent your family from having to go through probate. In the State of Hawaii, if you own a home or condominium, or if you own more than $100,000 in assets, your estate will have to go through probate. Drafting a proper trust can help married couples save on estate taxes by taking advantage of the estate tax exemption for each spouse.
In addition, property left through an estate receives a basis adjustment that allows families to save on capital gains taxes. Finally, a proper estate plan includes a power of attorney document and a health care directive. If you fail to draft these documents and you become incapacitated, your family will have to go through a guardianship and conservatorship proceeding.
First, a properly drafted estate plan can prevent your family from having to go through probate. In the State of Hawaii, if you own a home or condominium, or if you own more than $100,000 in assets, your estate will have to go through probate. Drafting a proper trust can help married couples save on estate taxes by taking advantage of the estate tax exemption for each spouse.
In addition, property left through an estate receives a basis adjustment that allows families to save on capital gains taxes. Finally, a proper estate plan includes a power of attorney document and a health care directive. If you fail to draft these documents and you become incapacitated, your family will have to go through a guardianship and conservatorship proceeding.
Services
I founded Estate Planning of Honolulu to protect local families like yours from excessive taxes, probate fees as well as from the headaches and pain that can result from poor estate planning.
If you have questions or concerns about your estate planning needs, please contact me today for a free consultation.
You can also find out more about our different Estate Planning Practice Areas right now.
If you have questions or concerns about your estate planning needs, please contact me today for a free consultation.
You can also find out more about our different Estate Planning Practice Areas right now.
What's important is that you have in place a plan that ensures your wishes are carried out; A plan created by an experienced and knowledgeable estate attorney.
We customize your trust or will to your requirements and your desires.
Or, if needed, we can be a trusted, experienced guide and advisor through the often difficult probate process.
We can help.
A Revocable Living Trust is a document that controls the disposition of your assets when you pass away.
It has several major advantages over a Will.
We customize your trust or will to your requirements and your desires.
Or, if needed, we can be a trusted, experienced guide and advisor through the often difficult probate process.
We can help.
A Revocable Living Trust is a document that controls the disposition of your assets when you pass away.
It has several major advantages over a Will.
Have you ever stopped and wondered what will happen to your home and property if you pass away?
It outlines exactly who you want to receive your property after you pass away, rather than having the state distribute your assets.
More importantly, it allows you to name a guardian for your minor children so that, in the unfortunate circumstances of a premature death, your children will be immediately provided and cared for.
If you pass away in Hawaii with a combined estate valued at over $100,000 and you do not have a trust, your estate & your family will have to go through Probate.
It outlines exactly who you want to receive your property after you pass away, rather than having the state distribute your assets.
More importantly, it allows you to name a guardian for your minor children so that, in the unfortunate circumstances of a premature death, your children will be immediately provided and cared for.
If you pass away in Hawaii with a combined estate valued at over $100,000 and you do not have a trust, your estate & your family will have to go through Probate.
Did you know that Warren Burger, former Chief Justice of the Supreme Court drafted his own will, yet even his resulted in hundreds of thousands of dollars in unnecessary taxes and probate fees?
You should have a will - and it should be drafted by a professional estate planning attorney.
It outlines exactly who you want to receive your property after you pass away, rather than having the state distribute your assets.
More importantly, it allows you to name a guardian for your minor children so that, in the unfortunate circumstances of a premature death, your children will be immediately provided and cared for.
You should have a will - and it should be drafted by a professional estate planning attorney.
It outlines exactly who you want to receive your property after you pass away, rather than having the state distribute your assets.
More importantly, it allows you to name a guardian for your minor children so that, in the unfortunate circumstances of a premature death, your children will be immediately provided and cared for.
Has a loved one recently passed away leaving you with the responsibility of settling their estate?
Did they pass away without a will or did they draft a will for an estate with combined assets over $100,000?
If so, you will have to go through a probate proceeding before the assets can be distributed.
This can be a painful and confusing process.
I can guide you through this process as your attorney and relieve the stress of the probate procedure so that you and your family can focus on grieving and healing.
Did they pass away without a will or did they draft a will for an estate with combined assets over $100,000?
If so, you will have to go through a probate proceeding before the assets can be distributed.
This can be a painful and confusing process.
I can guide you through this process as your attorney and relieve the stress of the probate procedure so that you and your family can focus on grieving and healing.
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