Learn about getting a Trust, Trust Amendment or Will made, or get help with Probate today. Contact us for a complimentary, no obligation consultation (Phone & Online appointments available). Because failing to update your trust could cause disastrous results, putting your assets, money & property into the probate system - instead of to who you intend to inherit.
First, a properly drafted estate plan can prevent your family from having to go through probate. In the State of Hawaii, if you own a home or condominium, or if you own more than $100,000 in assets, your estate will have to go through probate. Drafting a proper trust can help married couples save on estate taxes by taking advantage of the estate tax exemption for each spouse.
First, a properly drafted estate plan can prevent your family from having to go through probate. In the State of Hawaii, if you own a home or condominium, or if you own more than $100,000 in assets, your estate will have to go through probate. Drafting a proper trust can help married couples save on estate taxes by taking advantage of the estate tax exemption for each spouse.
Services
I founded Estate Planning of Honolulu to protect local families like yours from excessive taxes, probate fees as well as from the headaches and pain that can result from poor estate planning. If you have questions or concerns about your estate planning needs, please contact me today for a free consultation.
What's important is that you have in place a plan that ensures your wishes are carried out; A plan created by an experienced and knowledgeable estate attorney. We customize your trust or will to your requirements and your desires. Or, if needed, we can be a trusted, experienced guide and advisor through the often difficult probate process.
Have you ever stopped and wondered what will happen to your home and property if you pass away? It outlines exactly who you want to receive your property after you pass away, rather than having the state distribute your assets. More importantly, it allows you to name a guardian for your minor children so that, in the unfortunate circumstances of a premature death, your children will be immediately provided and cared for.
Did you know that Warren Burger, former Chief Justice of the Supreme Court drafted his own will, yet even his resulted in hundreds of thousands of dollars in unnecessary taxes and probate fees? You should have a will - and it should be drafted by a professional estate planning attorney. It outlines exactly who you want to receive your property after you pass away, rather than having the state distribute your assets.
Has a loved one recently passed away leaving you with the responsibility of settling their estate? Did they pass away without a will or did they draft a will for an estate with combined assets over $100,000? If so, you will have to go through a probate proceeding before the assets can be distributed.
Reviews (10)
Jason Seal
Jul 01, 2021
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My wife and I are very pleased with the professional support provided by Michael Madison.
We came to Michael seeking his help in updating and reworking our Living Trust and Estate Plan. After reviewing our documents he fixed noted errors, updated all portions of our Estate Plan/Trust, and did so in a very short period of time. The final product was formatted in an easy to follow and structured format. We are very pleased with our new and updated Living Trust and Estate Plan.
Michael has a pleasant and business-like personality; his professionalism is noteworthy.
We would highly recommend Michael
We came to Michael seeking his help in updating and reworking our Living Trust and Estate Plan. After reviewing our documents he fixed noted errors, updated all portions of our Estate Plan/Trust, and did so in a very short period of time. The final product was formatted in an easy to follow and structured format. We are very pleased with our new and updated Living Trust and Estate Plan.
Michael has a pleasant and business-like personality; his professionalism is noteworthy.
We would highly recommend Michael
NVapi
May 29, 2021
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Miki Iwanaga
Feb 18, 2021
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Terrence Vukoty
Jan 27, 2021
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Michael Madison is extremely competent in directing you through the intricacies of a family or personal trust. He explains each procedure in detail in an easy to understand manner. He clears up anything you do not understand and ensures that you are satisfied with the explanation before going on to the next subject. He aids you in your decision making by thoroughly understanding your objectives before explaining your options. In my case he brought two financial advisors to ensure that the financial aspects of my trust were legal and did not cause tax burdens or other financial problems to my beneficiaries
Mariliz Reilly
Jan 02, 2021
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Mr. Madison has always been a leader in his field of knowledge and expertise and has served not only my family's needs but many of my clients' needs for Family Estate Planning and work with regards to helping people work through the death of a loved one and when probate comes into play. He does his homework, is fast to respond and you can always hear his smile in his voice. Very professional and very likable and easy to talk to and Mike has a lot of knowledge that he can share with you to help you plan your family's future.
Feel free to reach out to me personally. 371-3999
Feel free to reach out to me personally. 371-3999
Mary Nimtz
Nov 27, 2020
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Mike Madison is an excellent Estate Planner! I highly recommend him without any reservation to anyone who is looking for a knowledgeable, professional, and caring estate planner. Mike is always responsive and extremely efficient. He is also very sincere and considerate. He would meet with clients at their convenient time and location. I feel very lucky having Mike as my estate planner.
Louis Shiraishi
Aug 24, 2020
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Jason King
Jun 16, 2020
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Positive: Professionalism, Responsiveness
Mike has been a great resource for me and my clients. He is very responsive to questions and is a wealth of knowledge. Mike is very easy to talk to and not pushy, plus he offers no cost consultations. Estate planning can be very difficult and potentially costly if not done properly, but with Mike's help he makes it very easy.
Mike has been a great resource for me and my clients. He is very responsive to questions and is a wealth of knowledge. Mike is very easy to talk to and not pushy, plus he offers no cost consultations. Estate planning can be very difficult and potentially costly if not done properly, but with Mike's help he makes it very easy.
Coolcat
May 20, 2020
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If you want a great experience on a usually stressful situation then call Michael at Estate Planning if Honolulu. He will act in your best interest always and is very understanding and will walk you through your trust situation. He helped us on multiple occasions with our personal Trust as well as with helping me out as a trustee for my Uncle’s Estate and has saved us tens of thousands of dollars in the process.
Christina Davis
May 05, 2020
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"Michael had recently sat up a trust for my husband and I. We are building up our real estate portfolio (owning 2 properties now) , each own our own business, and have a growing family! My husband and I decided it was time to protect our assets and form a trust that looks after our family should any unforeseen circumstances arise. Michael is someone who I trust and who I recommend to my fellow colleagues and clients. Michael initially met with us and did a free consultation to go over the process of forming a trust. He answered all of our questions and always got back to us in a timely manner.
