South Carolina Probate Process Explained: What Your Family Should Expect
After the loss of a loved one, the last thing you want to face is a confusing court process. But if your family member left behind property or other assets, the probate court may need to step in. Probate doesn’t have to be overwhelming, especially if you understand what to expect. At...
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How Owning Property in Multiple States Affects Your SC Estate Plan
Owning a second home or investment property outside of South Carolina can be a great way to grow wealth, create vacation memories, or support your family. But when it comes to estate planning, property in multiple states can add a few wrinkles you’ll want to smooth out ahead of time.
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Estate Planning for Young Families in South Carolina: What You Need to Know
Most young parents think estate planning is something they'll handle "someday." You're busy paying the mortgage, raising kids, and building your career. But here's what every South Carolina estate planning attorney will tell you: if something happens to you without a proper plan, the state decides what happens to your children...
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How to Create a Simple Estate Plan (Even If You Don’t Think You Have Much)
You might think estate planning is only for wealthy people with multiple properties and large investment portfolios, which is a common misconception that keeps many South Carolinians from protecting their families. The truth is, if you own anything of value or have people who depend on you, you need a basic estate...
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Understanding the Role of a Living Will in End-of-Life Decisions
End-of-life decisions – such as whether you want a feeding tube if you’re in a vegetative state or whether you wish to be resuscitated – involve intense emotions and deeply personal beliefs and preferences. The only people who should be involved in these decisions are you, your doctor, and (in some cases) close family...
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How to Structure Your Estate Plan to Support a Child with Special Needs
Planning for your child’s future is important, but it’s even more critical when your child has special needs. Your estate plan needs to do more than pass on assets – it must protect your child’s future. A well-crafted plan can protect your child’s long-term financial security, preserve their access to vital government benefits,...
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Incorporating Philanthropy into Your Estate Plan: Creating a Charitable Legacy
Many people who have worked hard throughout their careers to build wealth choose to give back by undertaking charitable giving through their estate plan. Incorporating philanthropic goals this way can help you develop a charitable legacy for yourself and your family and obtain tax benefits that can prove helpful in financial planning.
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Estate Planning for Unmarried Couples: Protecting Your Partner’s Rights
For many couples in North Carolina and South Carolina, marriage isn't part of their immediate plans. Whether you've chosen to delay marriage, can't get married, or simply prefer to build your life together unmarried, you face unique estate planning challenges that married couples don't encounter.
Without proper planning, unmarried...
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The Importance of Reviewing Your Estate Plan Regularly
Although it would be so much easier if it were the case, estate planning is not a one-and-done process. Life happens, the law changes, and personal goals evolve over time, making it essential to review your estate plan regularly. Whether you live in North Carolina or South Carolina, keeping your estate plan...
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Understanding the Generation-Skipping Transfer Tax and Its Impact on Your Estate Plan
When estate planning, smart and strategic decision-making will help to ensure that your wealth is preserved and passed on to your loved ones efficiently. One often-overlooked aspect of estate planning is the Generation-Skipping Transfer Tax (GSTT)—a federal tax that can significantly affect the transfer of assets across multiple generations.
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