It’s possible to use a will or a trust to say who should get your property after your death, but each accomplishes different goals. Kumu will explain how trusts can sometimes be used to accomplish additional goals, such as avoiding the probate process, protecting property in the event of a lawsuit or the divorce of a loved one, minimizing taxes, and reducing the chances of disputes following a person’s death.
Simply put, estate planning is the process of putting together a plan, which will allow someone to step into your shoes to manage your assets in the event of incapacity or death. Estate planning is not a one-size-fits-all proposition; each person and family has a different situation and goals.
Kumu Belcher, attorney with Hawaii Trust & Estate Counsel was born and raised in Hilo, where he graduated from Hilo High School and the University of Hawai`i–Hilo, with a degree in cell and molecular biology. Prior to entering law school, he served as an East Hawaii Ocean Safety Officer and worked in special education at Hilo High School. He received his law degree from the William S. Richardson School of Law at the University of Hawai`i–Manoa in 2013, where he was a member of the Environmental Law Society. While a law student, he spent a year interning at the First Circuit Court, Probate Division, for the honorable Judge Derek H.M. Chan....more
- The Basic Estate Planning Documents and how they work:
- Trust (in some cases)
- Power of Attorney
- Advance Healthcare Directive
- Explore common hypothetical scenarios: The best estate plan is customized to address each individual's concerns and goals.
- Q & A
This presentation is open to the public. Seating is limited and an RSVP is required to attend. Please fill out the form below to RSVP and contact firstname.lastname@example.org or call (808) 334-3343 with questions. Directions will be sent out prior to the presentation.