Having an estate plan that works as intended is not that hard to accomplish. Here are the three ways most common things that people unintentionally do to sabotage their plans.
Posts Tagged: Honolulu
Do you really want to be a Trustee?
Being named as a Trustee is a great honor. It is an even greater responsibility. There are some things you should think about before you accept the role.
There is More to it than “Who Gets My Stuff?”
Most people think estate planning is all about avoiding probate and taxes so they can maximize what they leave their loved ones. There is a far more important reason to “put your house in order.”
Estate planning lets your will rule after you’re gone | News for Dallas, Texas | Dallas Morning News | Dallas Business News
There are some basic mistakes you really don’t want to make when it comes to estate planning. This article highlights some of the biggest boo boos.
from USA TODAY (SEPT 27, 2010): WHAT’S IN SMALL BUSINESS CREDIT BILL FOR YOU? MONEY, MAYBE.
The biggest provision of the Small Business Jobs and Credit Act, and the one that gets the most attention, is the $30 billion loan provision. But there’s actually a lot that can help you.
From THE NEW YORK TIMES (SEPT. 15, 2010): DEVISING STRATEGIES WHILE THE ESTATE TAX IS IN LIMBO
The federal estate tax is scheduled to rise from the ashes on January 1, and many Hawaii families will feel its bite unless Congress changes current law.
From THE TIME HERALD (SEPT 22, 2010): THE NEED FOR PLANNING FOR SPECIAL NEEDS KIDS
If your ohana includes someone who has special needs, you should be aware of the planning opportunities that can provide for that person without sacrificing eligibility for benefits.
from THE NEW YORK TIMES (SEPT 23, 2010): AT STEINBECK’S GETAWAY AS HEIRS’ FEUD REVIVES
The quaint little house Steinbeck called “my little fishing place” is the focus of a long-running and bitter family estate battle, pitting the surviving sister of the author’s third wife, Elaine, against his oldest son and a granddaughter. Even the best planning can’t prevent all conflict, but there are things you can do to discourage it.
FAMILY ESTATE PLANNING / FINANCIAL TOOLS FOR YOUNG PEOPLE
Talking to your grown kids about finances can be a bummer. Here’s an opportunity to impress them by turning them on to a website that provides some pretty good financial information. Currency, a new service from American Express, helps young adults take charge of their personal finances. It even includes an iPhone app: “Social Currency.” Impress your kids by emailing them a link to Currency.
From THE LOS ANGELES TIMES (SEPT 16, 2010): SENATE APPROVES OBAMA’S SMALL-BUSINESS AID PACKAGE
Last week, on a 61-38 vote, lawmakers pass the bill, which would create a $30-billion small-business lending fund and give $12 billion in tax breaks to encourage companies to invest and hire. This wee, the bill passed the House 237-187. President Obama is expected to sign shortly.