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Do you need to go through the probate process?
Probate is the process of transferring assets from the estate holder to their beneficiaries. In South Carolina, you are required by law to deliver a person's will to the probate court within 30 days of the decedent's passing. Here are a few tips to let you know if you...
Fundamental points about estate planning
Estate planning may seem complicated and overwhelming to those who never explored the process. Perhaps the perception comes from being unfamiliar with the various steps and documents. After learning about estate planning fundamentals, the steps may become less...
Estate planning guide for high-net-worth individuals
Going through estate planning in South Carolina can be challenging, especially if you're dealing with a significant sum of money as a high-net-worth individual. Keeping up with all of the changes occurring with estate planning can also make it complicated....
Protect beneficiaries with discretionary lifetime trusts
Trusts in South Carolina can protect your heirs from creditors and taxes. Even a beneficiary's divorce won't reach the assets that legally belong to the right trust. Trusts are binding agreements that shelter assets in hopes of transferring them at a later date....
Facts about the probate process
Probate can be a confusing process to someone who's experiencing it for the first time in South Carolina, and many people feel overwhelmed or intimidated by the whole thing. The good news is that the probate process isn't always complicated. What is probate? Probate...
Who needs a will and who doesn’t?
Many people in South Carolina haven't written a will yet, but most people should. It doesn't matter how old you are, and in many cases, it doesn't matter how many assets you have. If you're even asking the question, then you probably need a will. Are you married?...
What is a durable power of attorney?
Estate planning for South Carolina residents often focuses on what happens to a person’s property and assets when they die. However, there is a difficult period of time that some families go through where a loved one is still alive but incapacitated due to injury or...
Business owners need an estate plan
An estate plan is important for a parent, business owner, or anyone with assets and sentimental property they want to pass on to their family or friends after they die. Business owners should also have a plan which addresses issues such as business continuity. Estate...
Even the unmarried and childless can benefit from estate planning
Whether you are single and childless by choice or simply have not found the right “one” yet one topic that may not be on your radar is estate planning. This may especially true if you do not have children or a spouse. Still, there are good reasons why the unmarried...
What is a “will contest”?
When most South Carolinians sign their will, they assume that its words will be given the meaning that was intended when the will was signed. While almost 100% of wills signed in South Carolina pass through probate without challenge, the validity of a few wills is...