Passing on the Family Business

Only about 25% of family businesses survive 15 years or more, and only about 25% of the “survivors” will survive the transition to the founders’ descendants. Many factors contribute to… Read More »

What is a Trust?

A trust is created when a person transfers “stuff” to a trustee, who will manage the stuff for the benefit of one or more beneficiaries. “Stuff” includes real property—such as… Read More »

Hiring a Caregiver is Tricky

You may be tempted to treat a caregiver as a “private contractor” in order to avoid the humbug of tax withholding and buying the right insurance policies. You would do… Read More »

Legacy of Aloha

Estate planning is the process of protecting that which is important and then passing those important things on to our loved ones and future generations. Many concepts that are central… Read More »

The Time to Plan is NOW

When I was in elementary school in the 1960’s, my family’s set of encyclopedias claimed that I could expect to live to the ripe old age of 70. That seemed… Read More »

Preparing for Death

If nothing else, recent events have brought us face to face with mortality. Although none of us knows when death will overtake us or a loved one, we know that… Read More »

Preparing for Death

If nothing else, recent events have brought us face to face with mortality.  Although none of us knows when death will overtake us or a loved one, we know that… Read More »