It is simply imperative that individuals who own a family business put a succession plan in place. A recent article offers several tips for getting started on a succession plan for your family business. In order to plan for the unexpected, business owners should have a succession plan in place as soon as possible after… Read More »
Blog Posts Page 3
Estate Planning for Your Family
As a recent article points out, putting together an estate plan is one of the most important things a parent can do for his or her children. Parents must plan for the fact that they will not be around forever and ensure that their children will be properly cared for should the unexpected occur. One… Read More »
The Infamous Sandwich Story and What it Means to You
If you haven’t yet heard this one, here’s a recap: Pregnant and hungry, an Oahu mom brought her 2-year-old daughter and husband to Safeway to buy food on October 26, 2011. They bought two deli sandwiches on special for $5 and ate them while shopping. At checkout, they forgot to pay for the eaten sandwiches… Read More »
Estate Planning for the Young?
Estate planning needs a new name. When most people think of estate planning, words like elderly, wealthy, or death often come to mind. It also conjures images of vast tracks of land surrounded by high fences or gigantic portfolios. However accurate the word associations that go with “estate planning” may be, one thing is certain:… Read More »
What’s New at the OLG and Why You Should Put Your Biz in a Trust
I hope you are enjoying your summer! Those of you who have called or come into the office have met Alice Adams, our new assistant, who is staffing our never-dull front office area. Alice joins our family and immigration attorney, Anne Leete; our estate planning Client Services Director, Karissa Baker; our Funding Coordinator, Bari Vallas;… Read More »
Protecting Your Child’s Identity
Aloha Friend! Mele Kalikimaka and Happy Holidays! I hope this note finds you significantly better prepared for the holidays than me. My parents arrived on island Saturday and are staying until APRIL, so now that the calvary has arrived (read: backup child care!), I am definitely having a happy holiday! As though you don’t have… Read More »
The Straight Scoop on the New Tax Law and Your Estate Plan
Tax laws are confusing on a good day… What you can deduct… What you have to claim… And with all the recent changes to the laws, it’s almost impossible to know if you’re doing the right thing. We’re hoping this will help. Here’s the straight scoop on how the new tax law affects your estate… Read More »