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...
Being named as the executor of your friend or family member's South Carolina will may seem like an honor. However, there are many potential drawbacks performing that role. This may be especially true if you are asked to oversee an estate alongside a sibling or other...
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...
Probate court is where wills are double-checked for validity in South Carolina. The assets and debt are totaled, and the assets are used to pay off any outstanding debts. Then, the remaining assets are passed to the designated beneficiaries. This process can take up...
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...
Regardless of, and maybe because of, your dreams for your business, business formation is an important step. There are a variety of considerations to take into account and it is an important step that should not be overlooked or underestimated for its impact on the...
Many residents of South Carolina think that a civil lawsuit is a type of conflict that can only be won by the last party standing. In reality, almost 95 percent of civil claims in South Carolina are settled, that is, the parties agree to compromise their differences...
