An individual in South Carolina may be named as the executor of a will, which is a legal document that specifies how a person's assets will be divided upon his or her death. The document may also include instructions about the care of minor children. Upon a person's...
If you die without a will or other estate plan documents in place, South Carolina courts may determine how your assets are transferred. In the event that you do have an estate plan, it is important to review that plan on a regular basis and update it as necessary....
In recent years, more older adults have been getting divorced. Many older people in South Carolina are also getting remarried. When people have had more than one family, it can complicate the financial picture. There are several estate planning problems that every...
Many South Carolina residents have a general notion of what probate is and would prefer to avoid the process if possible. In many cases, the necessity of probate can be obviated by careful planning. If, despite the parties’ intentions, probate becomes necessary, it...
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...
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...
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...
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...
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...
Many people in the Myrtle Beach area take pride in the fact that they have drafted a comprehensive estate plan and that disposition of their assets will be controlled by a well-drafted will. Then something unexpected happens. A spouse dies. Or a couple gets divorced....
