Myrtle Beach Estate Law Blog
The potential downsides of being an executor
Being named as the executor of your friend or family member's South Carolina will may seem like an honor. However, there are many potential drawbacks performing that role. This may be especially true if you are asked to oversee an estate alongside a sibling or other...
Preparing for will execution after death with estate planning
In South Carolina, after a loved one has died, there are many issues to consider. There are the personal and emotional ramifications following a death, but financial concerns must also be handled. This includes the execution of the will. It is important to understand...
Estate planning is for everyone
Everyone in South Carolina should know at least a little about estate planning. That term can conjure up images of a large property with a spacious home on it. But in truth, even people who don't own a home need to plan for how they want their estate to be handled...
What are some essential estate planning documents?
Many people in South Carolina in their 20s and 30s might have put off creating an estate plan because they assumed they did not need one or they simply did not know where to begin. An estate plan can be complex, with many documents, but there are a few basic elements...
Ways individuals can avoid probate court with estate planning
Probate court is where wills are double-checked for validity in South Carolina. The assets and debt are totaled, and the assets are used to pay off any outstanding debts. Then, the remaining assets are passed to the designated beneficiaries. This process can take up...
The importance of a durable power of attorney
An estate plan is a comprehensive set of legal documents that helps a person prepare to distribute their assets and wealth when they are no longer alive. A good estate plan prepares for various outcomes and events that may occur at the end of a person’s life. For...
Business formation options for your new business
Regardless of, and maybe because of, your dreams for your business, business formation is an important step. There are a variety of considerations to take into account and it is an important step that should not be overlooked or underestimated for its impact on the...
Understanding the benefits of mediation in a civil lawsuit
Many residents of South Carolina think that a civil lawsuit is a type of conflict that can only be won by the last party standing. In reality, almost 95 percent of civil claims in South Carolina are settled, that is, the parties agree to compromise their differences...
Avoid family disputes with your estate planning
Unfortunately, families dealing with an inheritance often engage in fighting or suffer hurt feelings. Effective estate planning typically deals with financial realities but should also address the more difficult issue of preventing family disputes. There are many...
Common reasons for probate disputes
Let’s face it. The probate process, without any bumps in the road, is long and tedious. Most people who agree to act as the appointed personal representative of an estate really have no idea exactly what they are agreeing too. It is not uncommon to hear someone who...
