estate planning Tag

Many people believe that trust funds are only for the rich and those who intend to gift millions of dollars. A trust fund could be right for you even if you want to leave a smaller amount to your family. A trust is an entity that...

Estate planning is not the first thing on your to-do list this holiday season, but maybe it should be. People procrastinate estate planning because they do not know where to begin, the idea is depressing, they do not feel they have enough financial knowledge, or...

There are two certainties in this world: death and taxes. Now that we’ve acknowledged the inevitable, the necessary follow-up question is, what are we going to do about it? Estate planning is not just about avoiding estate taxes. A thoughtful estate plan can help efficiently and...

In 2013, the State Legislature amended South Carolina Probate Code Section 62-2-507.  Also known as the ‘revocation by divorce statute,' Section 62-2-507 revokes a testator’s will to the extent necessary to omit an ex-spouse from inheriting from the testator’s estate.  The 2013 amendment expanded the ‘revocation...