by Ethan Okura | Mar 7, 2014 | Estate Planning, Powers of Attorney and Health Care Directives, Trusts and Wills
“Thou know’st ’tis common; all that lives must die, Passing through nature to eternity.” -William Shakespeare (Hamlet) Death. This is a difficult topic to think about. Most of us spend most of our lives enjoying work, hobbies,...
by Ethan Okura | Feb 8, 2014 | Estate Planning, Estate Taxes and Gift Taxes, Medicaid and Nursing Home Costs
Here is a 2014 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? A little over one year ago, Congress passed a law making the exemption from...
by Ethan Okura | Jan 5, 2014 | Asset Protection, Estate Planning, Trusts and Wills
Last month I wrote about the pitfalls of giving your home away without protecting yourself. We came to the conclusion that if you think you have 5 years of good health when you can still live at home before you might need nursing home care, it can be a good idea to...
by Ethan Okura | Dec 11, 2013 | Asset Protection, Estate Planning, Trusts and Wills
We all know that the possibility of incurring disastrous Nursing Home costs is the biggest threat to most people’s estates today. Now that we have an exemption of $5.25 million from estate taxes, only the wealthiest 0.14% of Americans will pay this tax. In...
by Ethan Okura | May 16, 2013 | Medicaid and Nursing Home Costs
As you are probably well aware, my father, Sanford K. Okura, and I have both written extensively on qualifying for Medicaid to pay for long term care costs while protecting your assets from nursing home costs. Our law practice focuses on this problem as a key...
