![]() ![]() The financial agent, however, will act on behalf of the principal’s financial interests exclusively. Similar to a health care agent, a financial agent will make important decisions for the principal when they can no longer do so under their own volition. ![]() While not legally required, it is recommended that an attorney be consulted while completing any of the below-mentioned documents. The guide below should be used to ensure that one’s medical and financial interests are protected throughout their lifetime, and to build a plan for the distribution of their estate after death. Create a Living Trust or Last Will and Testament.How to Create an Estate Plan in Hawaii (6 steps) The principal’s financial decisions will be outlined in a Durable (Financial) Power of Attorney. The principal can establish the administration of their estate following their death by creating a Last Will and Testament or a Revocable Living Trust. The person seeking to prepare for such scenarios (referred to below as the “principal”) can designate a medical attorney-in-fact by completing an Advance Health Care Directive. Included in the checklist are documents that are imperative to the proper arrangement of one’s end-of-life preferences. A Hawaii estate planning checklist is a guide for individuals planning their end-of-life affairs in preparation for incapacitation or death. ![]()
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