Bishop Estate, Queen Liliuokalani Trust, Campbell Estate - if you've lived in Hawaii you've probably heard about at least one of these trusts. From the education of Hawaiian children to the preservation of nature, trusts have shaped the history and landscape of life in Hawaii for the past 100 years.
A trust is an estate planning tool that allows someone to control what their assets are used for after their lifetime. It’s possible to use a will or a trust to say who you want to receive your property after your death. But wills accomplish little more than that limited goal.
Local estate planning attorney John Roth 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 and carrying on a vision or legacy. John will illustrate some of his points with “real” stories about trusts set up by Princess Pauahi and Queen Liliu‘okalani, as well as a “reel” story from the film, The Descendants.
The best time to plan is when there is no need to do so. This program will include basic estate planning strategies to minimize disharmony within your family during, and after, your lifetime, illustrated with historical and fictional examples of trusts.
John Roth, Attorney & MBA
John formed Hawaii Trust & Estate Counsel, a state-wide estate planning law firm in April of 2014 . He has taught Estate Planning as an adjunct law professor at the William S. Richardson School of Law at the University of Hawai`i–Manoa, and occasionally lectures in several other law courses there. He also periodically teaches the Business Law course at the University of Hawai`i–Hilo... MORE
What is a trust?
How do trusts work?
In what situations are trusts useful?
Hawaii Trust stories - Princess Pauahi Bishop and Queen Liliu‘okalani
This presentation is open to the public. For directions and more information, please call the Wailuku Public Library at (808) 243-5766 or Hawaii Trust & Estate Counsel at (808) 334-3343.
The above photo was taken at Kahua Ranch, on the Big Island of Hawaii.