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.
Wills and trusts are possible estate planning tools; however, each accomplishes different goals. In "Will vs. Trust", John will explain how it is possible to use a will or a trust to say who should get your property after your life. Trusts can sometimes be used to accomplish additional goals, such as avoiding the probate process, protecting property in the event of a lawsuit or divorce, minimizing taxes, and reducing the chances of disputes following a person’s death.
This free event is open to the public and aimed to share information about estate planning to provide peace of mind surrounding the difficult topics of death and incapacity.
“The majority of my job as an estate planning attorney, and the part I enjoy the most, is educating people about their options," says John Roth.
This is the inspiration for this presentation aimed at clarifying the sometimes daunting process of estate planning.
Topics Covered
How does a Will work?
How does a trust work?
What are the other estate planning documents, including an advance health-care directive and power of attorney?
How do theses documents accomplish different goals?
Q & A
Presenters
JOHN ROTH
is an estate planning attorney, specializing in wills, trusts, and probate. He is the founder of Hawaii Trust & Estate Counsel, a statewide estate planning law firm with offices in Wailuku, Maui, Waimea, Hilo, and Kona. He has taught Estate Planning at the Richardson School of Law, and business law at the University of Hawaii—Hilo...Learn more
