Category: April – May 2018

  • Don’t Give Wrongdoers a Free Pass

    Recently, I took my youngest daughter to the Punahou Carnival, where waiting in line for the adult rides she has now graduated to is sometimes 40 minutes. As we were getting close to the front, I noticed four young adults walk several feet in front of us and stand in line. It took me a…

  • Distributions – Consider Two Standards

    As an estate planning attorney, I have the privilege of observing how families decide how to distribute their assets between and among their children. I have come to understand that there are two distinct standards that parents use to determine the gift. First, there is the standard of meeting needs. As parents, we observe the…

  • Irrevocable Life Insurance Trust Benefits

    Including a trust that owns life insurance in your estate planning strategy can have the following benefits: MANAGEMENT. If you have a large estate and plan to pass a significant inheritance to children, an Irrevocable Life Insurance Trust (ILIT) enables you to appoint someone to manage the trust’s assets. The trustee you select could be…

  • Hawaiian-Style Estate Planning

    Estate planning is the process of protecting that which is important (far beyond simply financial or physical assets) and then passing those important things on to our loved ones and future generations. Many concepts that are central to Hawaiian culture are particularly applicable to estate planning. Starting with the concept of ‘ohana (a very inclusive…

  • Working Part-Time in Retirement

    Traditionally, retirement means leaving the workforce to pursue decades of relaxation. However, today’s retirees and pre-retirees are reshaping what it means to leave the workforce. Retirement may be an opportunity to pursue a small business, start consulting or land a side job that explores your passions. If your next phase includes earning an income, there…

  • When Grandparents Become Parents Again

    What would you do if your daughter or son was suddenly unable to take care of their keiki? Have you ever thought about becoming a parent after retirement? This decision for families is often unexpected and comes under very difficult circumstances. About three million children in the U.S. are being raised by a grandparent. The…

  • How May We Help You?

    Social Security has a toolbox full of resources on its website, www.socialsecurity.gov, to help you with your financial planning. With so many resources, maybe it’s easier if we highlight one of our “best.” BEST is the Benefit Eligibility Screening Tool, available at www.ssabest.benefits.gov. It can help you find out if you might be eligible for…

  • GrandGrace: Multigenerational Support

    Providing seniors care for their body, mind and spirit is critically important. Simply spending time with seniors can improve their emotional well-being and outlook. Palolo Chinese Home, in partnership with Common Grace, a nonprofit organization, recently launched a new program called GrandGrace to address these needs of residents and senior day care participants. The multi…

  • Respiratory Care: A Specialty Service

    Being unable to breathe on our own is very scary. Spinal cord injuries, pneumonia, stroke, injury to the chest, muscular dystrophy and chronic obstructive pulmonary disease (COPD) can all bring on respiratory failure. Spinal cord injuries often happen when we least expect it — a surfing accident, a fall or a car accident — and may require you to…

  • My Memory Box

    Memory boxes can help seniors, especially those with Alzheimer’s or with dementia, recall events and people from the past. The contents represent a life they once knew and now have difficulty remembering or have forgotten entirely. Memory boxes help stimulate their memory and link loved ones and moments of their lives to their identity. How…