Month: July 2018
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Month: July 2018

Choosing the right type of trust for your goals

South Carolina residents have a variety of trust options for estate planning purposes. Trusts offer several benefits, such as asset protection, tax savings, and control over how and when assets are distributed. However, selecting the right trust depends on your...

What is the probate process in South Carolina?

Probate refers to the procedure in which a South Carolina court oversees the closing of an estate. The court verifies the will's validity and ensures that the executor pays the estate's debts before they follow the decedent's directives for distributing the remaining...

Avoid estate tax with a dynasty trust

Dynasty trusts provide grantors in South Carolina a way to avoid the various transfer taxes that your estate may otherwise incur. But for it to work, you have to make sure you set everything up correctly on the first try. What are dynasty trusts good for? The big...

Keep your property in the family with a life estate

Legal joint property ownership commonly comes in the form of a life estate. Life estates themselves come in many different kinds, and you may want to find out which one is right for your estate if you want to ensure that the family property in South Carolina stays in...

What if a beneficiary dies before probate is done?

Probate in South Carolina can be an involved, complicated process. It is made all the more complex when one of the beneficiaries dies during the pendency of the probate action. This circumstance is more common than you might think, as probate can take months or even...