Blog — Hawaii Trust & Estate Counsel

What is Probate?

What is Probate?

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. 

What is estate planning and do I need it?

What is estate planning and do I need it?

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.