Most Myrtle Beach area residents understand the importance of estate planning. There are many benefits to creating an estate plan: asset preservation, communicating health care wishes, charitable giving, among many others. If a Myrtle Beach area family hasn't created an estate plan there are certain mistakes they should keep in mind and try to avoid.
6 estate planning mistakes a Myrtle Beach resident should avoid
Business succession planning
There are many Myrtle Beach area residents who own their own businesses. Many of these are family businesses that have been in the family for generations or whose owners hope they will be in the family for many years to come. Business succession planning is important for these companies to make sure there is a plan in place.
