Protecting Legacy's Across Honolulu County
Who will receive your assets when you pass away? Who will look out for you and ensure your wishes are respected if you become incapacitated? What will protect your Honolulu property and planned inheritances from predatory creditors or litigants? It is never too early to start thinking about the future. Our estate planning services are designed to achieve these objectives and give you peace of mind throughout your lifetime.
When Should You Start Estate Planning?
As you grow older, you will almost certainly experience changes in circumstances. Your Hawaii estate plan should reflect these changes and evolve. Certain “significant life events” should prompt a careful assessment of your plan. Some events, such as a divorce, will potentially trigger automatic changes under Hawaii law.
Significant Life Events That Warrant a Review of Your Estate Plan Include
- A marriage or divorce
- The birth or adoption of a child or grandchild
- Your child or grandchild becoming a legal adult
- A move to a new state
- A significant change in final circumstances, such as a large inheritance, a substantial raise at work, or a considerable return on investment
- A new serious injury illness impacting you, your spouse, or a dependent
- A change in laws that impact your taxes, investments, or estate planning documents
- The death of or a change in circumstances involving your beneficiary, dependent, guardian, personal representative, and/or trustee
Contact an Estate Planning Attorney in Hawaii
Our Honolulu estate planning firm encourages our clients to evaluate their plan every few years, even when no significant life events occur.
Contact Abrell Law today to schedule a FREE consultation with an estate planning attorney in Hawaii!
You likely have concerns about what will happen once you are no longer around or are no longer able to make your own decisions. Estate planning aims to protect your interests both throughout your lifetime and once you pass away. Our Oahu estate planning attorney at Abrell Law is extensively familiar with a wide variety of estate planning solutions. After evaluating your unique needs, we will walk you through how we can help and what each planning tool can accomplish.
Our Estate Planning Services in Honolulu Include:
- Powers of Attorney. By selecting and authorizing a power of attorney, you name someone to act on your behalf within a scope you define. A medical power of attorney can help enforce your advance directive and advocate for you should you become hospitalized or medically incapacitated. A financial power of attorney can manage your financial affairs in these scenarios. We can help with drafting and finalizing powers of attorney documents and will work to ensure all language is clear and enforceable.
- Wills. Your last will allows you to name beneficiaries to your assets, a guardian for your minor children, and a personal representative to manage your estate once you pass away. Wills must be carefully finalized to be enforceable in Hawaii, and their contents are subject to the court-supervised probate process. Our Honolulu elder law attorney can help you prepare a will that either stands alone or works in concert with a trust.
- Trusts. When you create a trust, you appoint a trustee to manage the contents for chosen beneficiaries. Revocable living trusts can be modified throughout your lifetime and function similarly to wills, allowing you to distribute assets after you pass away. Assets placed in these trusts are not typically subject to probate. Irrevocable trusts cannot be modified but can be leveraged to achieve asset protection. Our Honolulu estate planning team can review your needs and advise what types of trusts suit your situation. We can also help with matters of trust administration.
- Asset Protection Planning. Assets may become vulnerable to threats throughout your lifetime and after you are gone. Creditors, litigants, divorce, probate, and estate taxes can trigger undesirable outcomes if preventative steps are not adequately shielding assets. If you want to minimize the impact of state and federal estate taxes, our Honolulu firm can help you leverage Family Limited Partnerships (FLPs) and strategic lifetime gift-giving. If you are concerned about other possible threats, including creditor lawsuits and probate, we can help implement the trusts.
- Advance Directives. In an advance directive, you specify what medical care you wish to receive or not receive if you cannot communicate. Your advance directive can address a wide spectrum of scenarios, and many choose to provide instructions for resuscitation, antibiotics, intubation, organ donation, and end-of-life care. Your medical power of attorney will often be responsible for advocating on your behalf and will use your advance directive as a guide when communicating with your healthcare provider. Our Honolulu estate planning lawyer can help you draft and finalize this important document.
When you need someone to help you through the process of Hawaii estate planning, you can count on Abrell Law in Honolulu. Our lawyers are dedicated to helping you prepare for you and your family's future.
Do you have concerns about what will happen to your assets when you are no longer around? Call Abrell Law today at (808) 215-4223 or contact us online to schedule a meeting to discuss all things estate planning in Honolulu!
Whether a young adult or an older professional, you should take proactive steps to protect yourself, your loved ones, and your legacy. At Abrell Law in Honolulu, we are committed to helping our clients explore and implement powerful planning tools. Our attorney is committed to providing the estate planning services you need throughout your lifetime.
- Our Honolulu estate planning attorney has over a decade of legal experience and will work directly with you to develop a comprehensive and customized estate plan.
Contact Abrell Law today to schedule a meeting with our Oahu estate planning lawyer!
“Very helpful and respectful. Helped me through my case with no problems!”
Over Two Decades in Hawaii
With over 20 years living in Hawaii, serving the local community and fostering meaningful relationships is one of Justin's top priorities.
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You won't be passed off to legal staff at any point when you work with Abrell Law. From the very beginning, you will speak with Justin so he can have a good understanding of your unique case.
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We take your legal matter seriously. Until we resolve your case, you can expect us to listen to your needs and honestly provide solutions that are always in your best interests.