Commercial finance requires the raising of capital to create a business. There are a number of financing options that are available to raise capital. A business owner in South Carolina is encouraged to understand the main uses of a capital account. The significance of...
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Month: March 2022
What is a revocable living trust and how does it work?
South Carolina residents who want to begin estate planning should consider more than just a will. A revocable living trust is a great option for many reasons. What is a revocable living trust? A revocable living trust is a legal document that determines how a person's...
What to know about LLCs with only one member
South Carolina allows you to organize your business as a limited liability company even if you are its sole member. Forming an LLC means that you are separate from your company for legal purposes. Let's take a look at the types of protection that you might be entitled...
Should you set up an ILIT in South Carolina?
Estate planning refers to the process of making arrangements for the management of your estate after your death. There are many ways to go about estate planning, and one tool that estate planners often use is the irrevocable life insurance trust, or ILIT. What is an...