Trusts have always been an essential part of estate planning. They help to ensure that assets are managed and distributed according to the grantor’s wishes. However, the complexities involved in trust management can require professional oversight. For those who find trust administration confusing, it may be helpful to consider professional trust administrative services. This blog…

Many business owners manage to forge successful business ventures as part of their legacy. However, a solid succession plan must be in place to ensure that operations continue smoothly and seamlessly in case of their eventual incapacity or passing. Business succession planning ensures the continuity and longevity of a company and the financial stability of…

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. …