Just Ask John
We believe the perfect estate plan is whatever a client decides to do after fully understanding the options. That’s why we view ourselves as educators as well as legal experts. Below are our responses to frequently asked questions about estate planning in Hawaii.
The only correct short answer is, “It depends.” First, it depends on the wording of the deceased parent’s will or trust. Many such documents specifically provide for after-born children, but many others do not. Second, it depends on applicable law. Every state has a statute that is intended to protect the interests of...
Probate is the misunderstood evil step-mother of the estate planning world. Most shiver at the mere mention of the word. However, probate is widely misunderstood. This column will hopefully provide you with a better understanding of probate. Who knows, you may even like your step-mother if you take the time to get to know her.
Estate planning is necessary because, as the old expression goes, “You can’t take it with you.” Estate planning is the process of putting together a plan, which will allow someone to step into your shoes to manage your assets in the event of your incapacity and carry out your wishes after your lifetime.
