Trusts can be a valuable tool for estate planning. When used correctly, one can avoid probate, keep financial affairs private, reduce estate taxes, and ensure dependents are financially stable if they are no longer around.  To ensure the trust’s terms are honored, a designated trustee must ensure the trust is executed accordingly and beneficiaries receive…

South Carolina probate laws govern the distribution of a deceased person’s estate, so their assets are handled according to their wishes and state law. These laws also cover the settlement of any outstanding debts and financial obligations. All South Carolinians need to be familiar with these laws as they directly impact how your estate is…

Succession planning is crucial to business continuity, yet it often gets overlooked. Whether running a family-owned enterprise or a large corporation, business owners in South Carolina need a solid succession plan in place. A well-thought-out plan ensures the seamless transition of leadership and safeguards the business’s legacy, maintaining its stability and growth for future generations. …

Trusts are essential when crafting an estate plan. They provide valuable benefits such as asset protection, tax advantages and the minimization of the need for probate. With the assistance of a reliable wills and probate lawyer, creating a trust can significantly contribute to a well-crafted estate plan. Choosing the correct type of trust, revocable vs.…

Navigating the probate process can often be complex and emotional. Following a person’s passing, the estate probate process is vital in ensuring the orderly distribution of assets. However, it can also present challenges and pitfalls, leading to delays, disputes, and increased costs. The process is best handled by an estate probate attorney who can manage…