South Carolina law requires last wills and testaments to be in writing and signed by the testator and two witnesses. The witnesses must have either seen the will signed or been assured by the testator that the signature on the document is genuine. If the testator is...
Estate plans can contain many different documents that address a variety of concerns and responsibilities. While many wealthy South Carolina residents explore the idea, having substantial assets is not a prerequisite. Net worth may not play a factor and a better...
Estate planning often involves making things less costly and complicated for beneficiaries. When drawing up a will, the testator may realize that surviving family members may find probate confusing and time-consuming. To help beneficiaries, a testator may set up...
If you currently have a will, then it's highly likely that you named an executor of it. This is the person that is responsible for carrying out your wishes specified in the will after your passing. Over time, you may find that you want to rename the executor of your...
A revocable living trust can be an effective estate planning tool for anyone who owns property in South Carolina. This is because any assets held inside of such a trust are unlikely to be subject to state probate laws. Furthermore, since the document takes effect as...
When it comes to being a South Carolina small business owner, you have a lot on your plate. Most of your concerns are with cash flow, sales, and properly managing your employees. In reality, you should also be concerned with minimizing your threat of being involved in...
Starting a new business in South Carolina is an exciting, challenging and gratifying process. As you go about launching your startup venture, there are a number of primary legal considerations to bear in mind. Beginning a new business isn't just about your personal...
If you've decided that you're going to start your own business in South Carolina, then you have many options for how you legally form your entity. While many people are familiar with partnerships and corporations, a common favorite of the American entrepreneur is an...
Unless the necessary documents are created, your finances and assets must go through probate, which means your beneficiaries won't obtain everything you leave behind after you pass away in South Carolina. Real estate and retirement accounts must all go through...
Challenging someone’s last will and testaments can be a difficult task. Unless you have a legitimate reason to suspect that the will isn’t valid, it’s near impossible to contest a will after a person’s passed. If you’re considering challenging a will in the state of...
