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Just read it. Thank you very much. My lawyer cousin advised me, from the Mainland: "you don't even need a Will, if you own no property. Just make your accounts are all joint. Keep your beneficiary current."
But State of Hawaii has legally inserted itself, creating a pretext to send an estate into probate anytime there is no Will. So my local tax woman told me. So, we'll need to do a Will. The old one really does not apply. Too old, too many changes. It's on our agenda, soon.
I just searched small estate probate rules in Hawaii (each state has some variations), and the info says that the limit in Hawaii is $100K (in financial assets), BUT if any real property is involved, and there is no Will or trust, the estate has to be probated.
It is important to get a local estate lawyer, not one in another state. There is a reason why the lawyers need local licenses with very few reciprocal privileges.
Your article is a gracious gesture that will help folks have a better understanding of things they need to do help them arrange their financial matters.
The US is a melting pot of immigrants. But the path to naturalized citizenship is long. In many families, one or more members may be noncitizens. Briefly outlined in the link from IndoUS Tribune (a local community e-paper) are situations where your immigration or domicile (or resident) status may matter – with special attention to estates & gifts. https://indoustribune.com/business/personal-finance-for-noncitizens/
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But State of Hawaii has legally inserted itself, creating a pretext to send an estate into probate anytime there is no Will. So my local tax woman told me. So, we'll need to do a Will. The old one really does not apply. Too old, too many changes. It's on our agenda, soon.
I just searched small estate probate rules in Hawaii (each state has some variations), and the info says that the limit in Hawaii is $100K (in financial assets), BUT if any real property is involved, and there is no Will or trust, the estate has to be probated.
It is important to get a local estate lawyer, not one in another state. There is a reason why the lawyers need local licenses with very few reciprocal privileges.
https://indoustribune.com/business/personal-finance-for-noncitizens/