Hawaii Trusts Legal Questions

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3 legal questions have been posted about trusts and estates by real users in Hawaii. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include powers of attorney, charitable giving, and asset protection. All topics and other states can be accessed in the dropdowns below.
You need to report the inherited funds you receive to the program that you receive assistance from, if the program is income-based and requires such reporting.  Inheritances are not considered to be taxable income to you, so there is no tax reporting required.  
You need to report the inherited funds you receive to the program that you receive assistance from, if the program is income-based and requires such... Read More

can the executor of the estate in a trust do what he wants with the trust or does he have to honor what is in the trust

Answered 11 years and 4 months ago by Marc David Melamed (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Trusts
As a trustee, you stand in a "fiduciary" role with respect to the beneficiaries of the trust, both the current beneficiaries and any contingent beneficiaries named to receive trust assets upon the death of those entitled to income or principal now. As a fiduciary, you will be held to a very high standard. One of your jobs as trustee is to keep track of all income to, distributions from, and expenditures by the trust. Generally, you must give an account of this information to the beneficiaries on an annual basis.... Read More
As a trustee, you stand in a "fiduciary" role with respect to the beneficiaries of the trust, both the current beneficiaries and any contingent... Read More

Do I need legal guardianship?

Answered 12 years and 5 months ago by attorney William R. Pelger   |   1 Answer   |  Legal Topics: Trusts
You should speak with an elder law attorney in HI immediately. Even with demential, a person MAY be competent to sign a POA. This is a delicate situation and you need to act now.
You should speak with an elder law attorney in HI immediately. Even with demential, a person MAY be competent to sign a POA. This is a delicate... Read More