Hawaii Estate And Trust

• Featured Item This Hour News - Thursday, 2/2/2023
• How Is COVID-19 Affecting The Area Of Estate Planning
  
  
  COVID-19 is affecting every area of our lives in a significant way. The pandemic is also spurring individuals and families to draft their estate planning documents or to review/amend already-existing document as they face the possibility of death from the novel COVID-19.
• Next hourly featured item update scheduled at: 2/2/2023 - 2:46am

• News
  
  
  Recent Hawaii estate and trust fiduciary services news that might interest you.
• What is a Fiduciary?
  
  
  We hear the word "fiduciary" used more and more. But what does it mean? The origin of the word comes from the Latin word "fidere," which means "to trust." Get the details and why it is important to know this word.
• How to Prepare for Estate Planning
  
  
  It is good to plan your estate planning at the beginning of the year and actually follow through with it while you can. Here are some tips.
• Types of Probate are Available
  
  
  It is good to understand the different types of probate that are available to know which one should be used for the death of your loved one.
• How Is COVID-19 Affecting The Area Of Estate Planning
  
  
  COVID-19 is affecting every area of our lives in a significant way. The pandemic is also spurring individuals and families to draft their estate planning documents or to review/amend already-existing document as they face the possibility of death from the novel COVID-19.
• What is an Ancillary Probate
  
  
  Generally, an ancillary probate is initiated after the primary probate has been opened. Upon the opening of a primary probate, the court will look into the validity of a will and names the executor/personal representative.
• Tips & Resources
  
  
  Great tips and resources on Hawaii estate and trust fiduciary services.
• About Us
  
  
  Learn about us and Hawaii trust and estate fiduciary services we offer.
• What is a Payable on Death Account (POD)
  
  
  A Payable on Death Account (POD) is an arrangement with your bank to designate a beneficiary on your bank account.
• U.S. Trust v.s. Foreign Trust
  
  
  When preparing a trust, it is a good idea to take note of the nationality and residential status of the person you wish to designate as a Trustee.
• What is a trust
  
  
  A trust is a document that allows a third party (called the trustee) to hold assets in a "box" called the trust on behalf of any beneficiaries.
• What is a Transfer on Death Deed
  
  
  A Transfer on Death Deed is a unique type of deed that can be prepared, during the owner's lifetime, to transfer title of a real estate to a designated beneficiary.
• Probate and Ways to Avoid it
  
  
  Probate is the legal court process by which a deceased person's estate is distributed to heirs. Probate goes through the court system and can take 1-3 years to complete and as such can be time-consuming, costly, and burdensome.

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