Join estate planning attorney John Roth for a live webinar on Thursday, January 19th, from 11:30am to 1:00pm (HST) for an introduction to estate planning, focusing on “What’s the difference between a Will vs. Trust?” Learn about how a will and/or trust can help plan for the future and the pros and cons of each. This webinar is open to all and is hosted by Tutu’s House.
“The majority of my job as an estate planning attorney, and the part I enjoy the most, is educating people about their options," - attorney John Roth.
Topics Covered
How does estate planning work?
What do the different documents achieve?
Will
Trust
Power of Attorney
Advance Healthcare Directive (Living Will)
Disposition of Remains
HIPAA Release Form
How is a will different from a trust?
Simply put, estate planning is the process of putting together a plan, which will allow someone to manage your assets in the event of incapacity or death. The best estate plan is what an informed person decides after understanding their options. Estate planning is not a one-size-fits-all proposition; each person and family has a different situation and goals.
In this presentation John will review the basic estate planning documents, which generally consist of: a will, revocable living trust (if needed), durable power of attorney and advance health care directive. One of the most common questions that come up at the first estate planning meeting with a client is: What’s better, a will or trust? John will unpack this loaded question based on elements of complexity, time, cost, and other factors that should be considered.
It's possible to use a will or a trust to say who you want to benefit from your property after your life, but each accomplishes different goals. Trusts can sometimes be used to achieve 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. In this webinar learn the difference between a will and trust, plus ask attorney John Roth any questions you may have.
ESTATE PLANNING DOCUMENTS
Estate Planning is necessary because, as the old expression goes, “You can’t take it with
you.” People need a will or will substitute, such as a revocable living trust, if they want to
control who inherits their property and how and when that inheritance is received, to minimize administration costs, and to avoid unnecessary taxes. A well-planned estate is a gift
to your loved ones; it’s part of your legacy. There are many misconceptions about estate planning. Circumstances vary, however, and the perfect estate plan in one person’s situation can be a terrible plan for someone else.
Presenter
Attorney John Roth is the founder of Hawaii Trust & Estate Counsel, a statewide estate planning law firm with Big Island offices in Waimea, Hilo, and Kona. He has taught Estate Planning at the Richardson School of Law, and business law at the University of Hawaii—Hilo. He earned his law degree in 2007 from the William S. Richardson School of Law and has been practicing estate planning for over ten years… MORE ABOUT JOHN
Live on Zoom
Mahalo to Hawaii Community Federal Credit Union for hosting this presentation live on Zoom. Pre-registration is required- signup here. For more information about this presentation call 334-3343.
About Our Host
Tutu’s House is a wellness resource center program of Friends of the Future a 501(c)3 nonprofit corporation. Located in Waimea, Tutu's House hosts classes and programs that allow our community to explore and practice many ways of healing and being healthy. Topics range from modern medical approaches to ancient traditions, movement and social activities and, of course estate planning.
