When considering your estate planning needs, you may want to review various planning options. One of the benefits of creating an estate plan is that you can customize your plan to your specific needs and desires due to the number of available tools. Of course, you may also find yourself feeling overwhelmed by the different paths you could follow in order to create your plan.
Are you looking to open a new office? You may have searched Honolulu for the perfect space, and when you found it, you got excited to get into it and start working. That excitement may serve you as you begin putting in the hard work it will take to make your business a success, but when it comes to signing a commercial lease, it could cost you.
When you first learned that your child had special needs, you may have wondered how to do your best to provide care throughout his or her life. As your child grew and you learned more about his or her disability, you may have found yourself quickly falling into a routine that allowed you to meet his or her specific needs. Now that your child has gotten older -- and you as well -- you may wonder how his or her needs will be met in the event of your passing.
If you are a small business owner in Hawaii, you know the effort and struggle it can require to actually make a business succeed. It takes planning, preparation, funding and a great business idea to really make a small business work, but the planning should not stop once you start making a profit. It is also beneficial to include your business as part of your estate plan.
One of the beautiful things about estate planning is the range of options for achieving specific goals. Whether you have a modest estate or a multitude of complex assets, there are estate planning tools to help ensure that your needs are met in later years and that your assets are protected for future generations.
For property owners throughout Hawaii, matters of real estate law, business law and estate planning often intersect. To protect a real estate investment, sound guidance is needed in each of these areas of law.
Protecting your right to accept or refuse medical treatment isn't something you likely think about on a daily basis. You're young, and you just got married. You're thinking about your bright future, and none of that involves worrying about medical emergencies or being unable to make medical decisions on your own behalf.
When thinking about estate planning, most people think of a will. However, estate planning is not limited to just wills or trusts. While those documents are very important to have, you should also start thinking about assigning power of attorney and drafting this document.
Buying a home is likely the largest purchase you will make in your lifetime. Protecting your hard-earned, most valuable asset and minimizing the risk of property being legally seized is something every homeowner should think about. Should you die, a trust will help pass on your estate to your chosen beneficiaries without losing anything in probate court.