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.
How Owning Property in Multiple States Affects Your SC Estate Plan Continue reading…
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...
Estate Planning for Young Families in South Carolina: What You Need to Know Continue reading…
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...
How to Create a Simple Estate Plan (Even If You Don’t Think You Have Much) Continue reading…
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,...
How to Structure Your Estate Plan to Support a Child with Special Needs Continue reading…
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.
Incorporating Philanthropy into Your Estate Plan: Creating a Charitable Legacy Continue reading…
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...
Estate Planning for Unmarried Couples: Protecting Your Partner’s Rights Continue reading…
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...
The Importance of Reviewing Your Estate Plan Regularly Continue reading…
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.
Understanding the Generation-Skipping Transfer Tax and Its Impact on Your Estate Plan Continue reading…
Estate Planning for High Net-Worth Individuals: Unique Challenges and Strategies
When you’ve built significant wealth, protecting it takes more than just good financial decisions—it requires careful planning. Without a clear estate plan, your assets could be tied up in legal disputes, subject to high taxes, or passed down in ways you never intended. The laws surrounding wealth transfer can be complicated, and...
Estate Planning for High Net-Worth Individuals: Unique Challenges and Strategies Continue reading…
The Impact of Divorce on Your Estate Plan: What Changes Are Necessary?
Have you considered what getting divorced means for your estate plan? If you don’t review and revise your plan to reflect the major changes in your life, all or part of your estate might still pass to your former spouse, leaving less for the beneficiaries you wish to leave your legacy. Here...
The Impact of Divorce on Your Estate Plan: What Changes Are Necessary? Continue reading…