A well drafted and comprehensive estate plan typically incorporates a number of strategies into the plan and makes use of various different tools and techniques in an effort to accomplish the numerous estate planning goals the plan creator may have. One common estate planning goal is probate avoidance because assets that are required to pass through the probate process are often held up an unavailable for weeks, even months, after the decedent’s death. One strategy that can help with probate … [Read more...] about What Is a POD or TOD Account?
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How Is Child Support Calculated in South Carolina?
If you are the parent of a minor child in South Carolina and you are going through a divorce or are establishing paternity child support for the child will likely be an issue during the proceedings. Whether you are expecting to receive support or are the parent who will be paying support you are probably wondering "How is child support calculated in South Carolina? ” Because of the unique nature of a divorce or paternity proceeding it is always best to consult with an experienced South Carolina … [Read more...] about How Is Child Support Calculated in South Carolina?
How Much Does a Divorce Cost?
If you are at a point in your marriage where you are contemplating divorce you probably have a number of questions and concerns about the divorce process itself. Unless you have been through it before, divorce can be an intimidating process, particularly if it is your first foray into the legal system. Along with the process itself, you may be concerned about the cost of a divorce. One question we are frequently asked is “ How much does a divorce cost? ” Because no two divorces are the same … [Read more...] about How Much Does a Divorce Cost?
How Nursing Home Costs Can Impoverish You and Your Spouse
Just as most people prefer not to think about their inevitable death, people often prefer not to dwell on the fact that they will eventually start showing physical and mental signs of the natural aging process. While dwelling on it may not be necessary, planning for it is if you wish to avoid losing your life savings to the high cost of long-term care. To understand why it is so important to plan ahead it helps to understand how nursing home costs can impoverish you and your … [Read more...] about How Nursing Home Costs Can Impoverish You and Your Spouse
How to File for Guardianship in South Carolina
If you have a parent or other elderly loved one who is showing signs of being unable to safely care for himself/herself it may be time to consider filing for guardianship. Making the decision to seek guardianship over a parent, in particular, is not easy at it often feels like you are taking away his or her independence. Keep in mind, however, that failing to do so could result in serious harm to your parent or could allow your parent to become the target of those who prey on the elderly and … [Read more...] about How to File for Guardianship in South Carolina
How Much Child Support Will You Have to Pay in South Carolina?
If you are contemplating the end of your marriage you likely have a number of questions relating to the divorce process in South Carolina and about life after divorce. If there are minor children involved in the divorce you may also be wondering how much child support you will have to pay in South Carolina if you will be the non-custodial parent post-divorce. Only an experienced South Carolina family law attorney can evaluate the particular facts and circumstances of your divorce and provide you … [Read more...] about How Much Child Support Will You Have to Pay in South Carolina?
Are There Alternatives for Managing Property When A Person Becomes Incapacitated?
Like most people you would likely prefer not to think about the possibility of becoming incapacitated at some point in your life. Unfortunately, however, incapacity can strike anyone at any time. While incapacity can be the result of an old age dementia disease such as Alzheimer’s, it can also be caused by a tragic collision or catastrophic workplace accident. If you do suddenly become incapacitated, who will manage your assets? Are there alternatives for managing property when a person becomes … [Read more...] about Are There Alternatives for Managing Property When A Person Becomes Incapacitated?
What Is A Pre-Marital Agreement?
If you are planning to get married in the near future you, or your future spouse, may have considered executing a pre-marital agreement prior to the big day. If you have not already considered doing so you may wish to give it some thought. Unfortunately, even the mention of a pre-marital agreement often causes conflict in an otherwise harmonious relationship. A better understanding of the purpose behind executing a pre-marital agreement, however, may prevent conflict and encourage a reluctant … [Read more...] about What Is A Pre-Marital Agreement?
What Will Happen to Your Property If You Die without A Will or Trust in South Carolina?
You have probably been told how important it is to create an estate plan, or at least to execute a Last Will and Testament. If, despite being told how important it is, you have yet to create and estate plan it may be because you don’t understand why it is so important. Once you have a better understanding of what will happen to your property if you die without a Will or trust in South Carolina you will likely decide it is time to work on your estate plan. People frequently make the mistake of … [Read more...] about What Will Happen to Your Property If You Die without A Will or Trust in South Carolina?
Updating Your Estate Plan – Why the End of the Year Is the Perfect Time
Do you already have a comprehensive estate plan in place? If so, you are in a better position than the majority of adults in the United States. That does not, however, mean you should get complacent. On the contrary, the success of your estate plan will depend not only on the plan existing, but on the plan being current and up to date as well. If you have not updated your plan recently, now is the perfect time for updating your estate plan. A well drafted an implemented estate plan provides … [Read more...] about Updating Your Estate Plan – Why the End of the Year Is the Perfect Time
