02-21-2016, 11:03 AM
quote:
Originally posted by b_a
Yes, I am aware of what they are - my inlaws both have them. I just don't understand why they are so prevalent in Hawaii. Is probate especially onerous?
...we are everywhere...
Local families are large and some members are scattered all over the planet, recent transplants who have mainland families also want to keep it easy. The transplants tend to be retirees, so they have different needs than young couples. I think all those factors add up to family trusts being a popular choice.