by Sanford Okura | Sep 16, 2011 | Asset Protection, Trusts and Wills
HAWAII ASSET PROTECTION TRUST By Sanford K. Okura On July 1, 2011, the Hawai‘i Permitted Transfers in Trusts Act was amended. This is an important change in the law because you can now transfer assets to a trust and receive money from the trust and yet have...
by Sanford Okura | Aug 19, 2011 | Powers of Attorney and Health Care Directives
ADVANCE HEALTH-CARE DIRECTIVES (PART 2) In last month’s column I explained that Advance Health-Care Directives have two parts. One part is a “Durable Power of Attorney for Health Care Decisions.” It lets you name the person who will make medical decisions for you if...
by Sanford Okura | Jul 15, 2011 | Powers of Attorney and Health Care Directives
ADVANCE HEALTH-CARE DIRECTIVES (PART 1) Everyone should have Advance Health-Care Directives. “Advance Health-Care Directives” are instructions which you are giving now (while you can still make decisions) about how you want doctors and hospitals to take care of you...
by Sanford Okura | Jun 22, 2011 | Estate Planning
THE REVOCABLE LIVING TRUST TRAP Here is a Medicaid rule that often surprises those in nursing homes: if your home property is in a Revocable Living Trust, you cannot qualify for Medicaid for nursing home costs until you take your home out of the trust. However,...
by Sanford Okura | May 22, 2011 | Asset Protection, Estate Planning
ASSET PROTECTION FOR YOUR FAMILY Your will or trust probably says that you give your assets to your children when you die. (Whenever I mention “children,” I also mean nieces and nephews, brothers and sisters, or anyone else who will be inheriting...
