Category: Wisdoms

  • For Love … of Money: Sham Marriages

    When it comes to love and relationships, we are particularly protective of our elders. We scrutinize new companions who come into their lives; when our kupuna decide to marry, we get concerned about the new partner’s intentions. Stephanie (not her real name) called my office, she was panicked. She just discovered a life her father…

  • To Buy or Not to Buy a Vacation Home?

    You finally feel ready to make that dream purchase. Before you put an offer in for a getaway on a neighbor island or a city lights apartment, consider the realities of owning a second property. Can you afford it? Owning a second home entails additional expenses such as: Furniture or other household items Air fare…

  • Retiring Early? Answer 5 Questions First

    While many people are forced to stop working earlier than they’d planned due to health or employer issues, others dream of early retirement. The upside of early retirement is easy to understand – more time to pursue your interests, while you are still healthy. The downside risks center on cost of retirement, and the emotional…

  • History, Herstory, Yourstory

    One Sunday morning, a few years back, I was out driving on the North Shore, headed to Starbucks for my morning cup of coffee. The traffic wasn’t light, as it was surf season, which means it was pretty crowded with only one lane going in each direction. I noticed in my rearview mirror that there…

  • Easy Come … Easy Go

    Receiving an inheritance can certainly be like winning the lottery. What could be wrong with that? Callie Rogers, age 16, won $3.1 million in a British lottery. By the age of 22, the unwed mother of two had attempted suicide twice, and spent over $400,000 on cocaine alone (in addition to more conventional luxuries). She…

  • Cons Prey on Good Intentions

    For hours, Elaine (not her real name), age 69, sat on the lanai of her Pearl City townhouse waiting. She was told that at any moment, the governor was going to arrive and present her with a new car and a check for $2 million. During this time, her adult son was yelling because he…

  • Recognizing Warning Signs Of Abuse

    Recently, I appeared on the Generations Radio Show (Saturdays from 5 to 6 pm on AM 690) aired November 22 and can be heard at www.Generations808.com) with Lt. John McCarthy of the Financial Crimes Unit of the Honolulu Police Department. With 39 years of police department experience, he is nationally recognized as an expert in…

  • Creative Giving And Tax Planning

    The holidays remind us of two things: gift giving and year-end tax planning. A charitable gift can help you support your favorite cause, benefit your family and reduce your taxes. In addition to cash gifts, consider these other two charitable gift strategies: Appreciated Asset Gifts Gifts of appreciated assets such as securities or real estate…

  • After The Pause

    I like to call our meeting room where we meet to discuss estate planning “the pause room.” When we enter and close the door, and leave outside all the busy-ness in our lives — we put only the matters relating to estate planning on the table. We pause for about an hour, and concentrate solely…

  • ‘Tis The Season: Think Charitable Giving

    The giving season is upon us as 2014 comes to a close. Charitable donations are an important way of giving back to our community. If you are eager to give back or help out, just how do you decide how much to give and through whom? For those wishing to exercise wise stewardship, these issues…

  • Healthcare Costs In Retirement

    With all the uncertainties of the future, it’s difficult for people to know exactly how much to save for retirement. While it may be relatively easy to gauge just how much you’ll need for everyday living expenses like food and housing, other expenses, such as the costs for healthcare can be a lot more difficult…

  • The Accidental Caregiver

    You love your family and you are good at your job. This does not mean, however, you will make a good caregiver for a loved one. Being an accomplished professional, expert or an akamai homemaker does not prepare you for the sudden responsibility of a full time caregiver. For instance, I love my father-in-law and…