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NEWS UPDATES

March 12, 2019

In my last article, I talked about how it’s important to consider Estate Planning in your 20s and 30s because you can’t predict the future, but you can plan for it. On March 4th, 2019 we lost star Luke Perry, who suffered a serious stroke and he left his family with the decision to pull him from life support. Perry executed the proper legal documents with...

January 17, 2019

We can’t predict the future, but we can plan for the unexpected with the right help. Estate Planning is commonly prepared for couples in their 40s to 50s with a family and a home. Very seldom, have we seen a couple in their 20s to 30s that are looking to create their living trust.

The Route 91 Harvest Music Festival shooting is a tragic reminder that we mu...

December 14, 2018

Fire Movement is trending as a movement for young professionals who are intent on quitting their jobs early and living a frugal lifestyle. A popular US blogger Peter Adeney is a proponent of this lifestyle, where you spend less and value time over material things that provide temporary happiness. The movement can be described as penny pinching, increasing...

November 21, 2018

Effective January 1st, 2019, The Treasure Department released inflation-adjusted figures for the retirement account savings for 2019. In case you didn’t catch the news, here is a recap of what was announced: For procedural guidance, please see IRS Notice 2018-83.

Individual Retirement Accounts

Limit is being bumped from $5,500 to $6,000.

401(k)s

Workplace ret...

October 19, 2018

Probate is the legal process in which an estate is settled with the supervision of Hawaii courts. Probate will only come into play if there is no will or a will has been determined to be unacceptable. Why do we have Probate? One main reason is to prevent fraud. Fraud could occur if a person’s assets are taken from who they are intended for. Probate could...

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