What Is an IDGT?
An IDGT, or intentionally defective grantor trust, is a useful tool for people in South Carolina who are beginning their estate planning.
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Butler Law
Power of Attorney Authority in Estate Planning
Writing a will remains a vital component of estate planning, but there are other steps someone could take. Planners may wish to draw up valid power of attorney documents under South Carolina law.
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The List of Duties for An Executor
The duties of an executor in South Carolina must be entrusted to someone responsible and thorough. This person has a list of tasks to do in order, and they cannot afford to skip any task.
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How Does an LLC Handle Income Taxes?
As you know, there are many ways to form a business in South Carolina. With that in mind, many people choose to form a limited liability company (LLC).
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Having an Estate Planning Conversation
Most families do not want to talk about death or money, and they don’t want to discuss the two topics in a single conversation. However, when an aging parent reaches a difficult stage in life, it becomes almost impossible to ignore the discussion.
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Estate Planning for Older Parents: The Role of The Children
In South Carolina and around the country, more than half of adults do not have any type of estate plan in place for when they pass away.
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Planning for The Future with Medicaid as A Community Spouse
When you reside in South Carolina as a married couple, it can be challenging to get older. Eventually, you or your spouse may need to spend time in a nursing home offering full-time care.
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Can You Face Penalties for Business Accounting Errors?
Accounting can be a long-winded and very tedious task. This is the kind of job that is best handled with the use of software.
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Disputing a Will During Probate
Probate litigation in South Carolina is executed in order to administer the possessions of someone who died. When probate is required, it’s an opportunity to contest a will.
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What Are the Inheritance Laws in South Carolina?
Every state has its own unique set of laws that go into inheriting estates and South Carolina is no exception. There are laws regarding how estates are taxes