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Terms Used In Hawaii Revised Statutes 560:2-508

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Intestate: Dying without leaving a will.
  • Probate: Proving a will

Except as provided in sections intestate succession, wills, trusts, joint assets, life insurance, and beneficiary designations” class=”unlinked-ref” datatype=”S” sessionyear=”2019″ statecd=”HI”>560:2-803 and probate and nonprobate transfers by divorce or termination of reciprocal beneficiary relationship; no revocation by other changes of circumstances” class=”unlinked-ref” datatype=”S” sessionyear=”2019″ statecd=”HI”>560:2-804, a change of circumstances does not revoke a will or any part of it.