
Hawaii Step-Up in Basis
Hawaii inherited property usually takes a basis equal to its date-of-death value under IRC 1014, which can erase the gain on a sale by the heirs.
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Hawaii inherited property usually takes a basis equal to its date-of-death value under IRC 1014, which can erase the gain on a sale by the heirs.

A Hawaii surviving spouse or reciprocal beneficiary can elect half the marital-property portion of the augmented estate, with three allowances on top.

A Hawaii transfer on death deed works only if it is recorded or filed before the owner dies. Land Court property also needs a petition after the death.

Hawaii trusts under HRS 554D-813 require two 60-day notices before distribution.

Hawaii will contests run 90 days after notice, up to 12 months from estate appointment.

Hawaii will requirements under HRS 560:2-502: two witnesses, no notary, valid handwritten wills, a harmless-error rule and no electronic will statute.

Avoid Hawaii probate with TOD deeds, POD accounts, and TOD securities outside probate.

Living trusts, joint accounts, POD accounts, and TOD accounts avoid probate in Idaho. Real property TOD deeds unavailable.

Since July 2023 an Idaho advance directive is one advance care planning document. It needs your details, a signature and a date, with no notary.

Ancillary probate handles out-of-state property for Idaho decedents. File in the county where property is located.
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