by Trust Counsel | Jan 24, 2019 | Articles
With the new tax season starting next Monday, taxpayers are getting ready to file their tax returns on time and may see the impact of the new tax laws reflected in their tax returns. When filing, owners of foreign bank accounts should report the existence of these...
by Trust Counsel | Jan 24, 2019 | Articles, Celebrity Estates, Estate Planning, Financial, Probate, Trusts, Wills
By now, I am sure you have grown accustom to hearing about celebrity faux pas when it comes to estate planning. The latest celebrity in this ever-growing list is the late electronic dance music (“EDC”) phenom, Avicii, who passed away last April at only 28 years old...
by Trust Counsel | Jan 18, 2019 | Articles, Asset Protection, Estate Planning, Family, Trusts, Wills
If you’re an animal lover and have a pet of your own, you likely consider your pet to be a member of the family. And since your furry friends can provide protection, emotional support, and unconditional love, such consideration is often well deserved. In stark...
by Trust Counsel | Jan 11, 2019 | Articles, Guardianship
It’s common for families of those with Alzheimer’s and other forms of dementia to realize that at some point, their loved one shouldn’t be allowed to drive. But fewer people are aware they should exercise the same level of caution when it comes to restricting...
by Trust Counsel | Jan 10, 2019 | Articles, Estate Tax, Financial
Despite the complexity of tax rules, taxpayers may still engage in certain strategies to reduce their tax liability. Thus, engaging in tax planning to evaluate several tax options regarding someone’s business or personal transactions make good sense. Yet, tax...
by Trust Counsel | Jan 10, 2019 | Articles, Estate Planning, Trusts
Imagine you are a Royal family member; then imagine being told that you cannot bequeath your fortune to your spouse. Such is the case of Abigail Kinoiki Kekaulike Kawananakoa, affectionately known as Kekau (pronounced kay-kow), Hawaii’s last living princess. In a...