Legal Question in Elder Law in Hawaii

There is no set schedule of fees because every estate plan is different. The complexity of the trust administration depends on the number and type of assets, their total value, and whether the trust includes tax planning provisions. Major assets must be appraised and an inventory must be prepared to determine the net worth of the decedent for federal estate tax purposes. It is our firm's position that this is still necessary for 2010 even though there is no estate tax this year because we don't know if there will be retro-active taxes legislated. Income tax returns and Gift tax returns may also need to be filed and the parties may wish to record/file an existing Will as well.