Your will is the foundation of your estate plan. This document outlines what you want to happen to your assets after you die, but many people have yet to create one of these documents. According to a survey conducted by Caring.com, approximately 4 out of 10 adults in...
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3 signs your father may be vulnerable to undue influence
If your elderly father is writing a will, forming a trust or undertaking any other estate planning process, he is doing better than most. In fact, according to a recent study, almost 70% of Americans have not written even a simple will to address ownership of assets...
Two POAs ensure you and your family can manage unexpected events
You may be enjoying family life as a young parent, or you may be looking forward to the onset of your retirement years. What happens if you become incapacitated due to an accident? What happens if dementia clouds your retirement picture? Two power of attorney...
How does probate work in South Carolina?
Understanding how South Carolina probate works can help you make an estate plan that meets your needs. With this process, the court supervises the distribution of your estate assets and payment of obligations. Review the basics about probate in South Carolina when...
Some issues that may cause delays in property sale closings
Homebuyers generally need to proceed with caution when inspecting a property and reviewing its ownership history. Discovering an issue such as a leaking roof or an outstanding lien may delay the closing or cancel it altogether. As noted by the Charleston Regional...
What’s the difference between a will and a living will?
Many people confuse the terms will and living will. While both these documents play important roles in estate planning, they have different purposes. Review the key differences between a will and a living will to learn how each affects a person's estate. What is a...
What happens if I die before I make my will?
If you have not yet made your Last Will and Testament, you likely have several reasons that you believe are valid. For instance, you may think that you are too young or too poor to need a will. You may think that you will get around to estate planning when you are...
Keep the cyber crooks’ hands off your estate funds
Your nest egg may have grown comfortably, and you want it to be there for you when you need it. You most likely also want assurance that your heirs receive the amount left in the account after you pass away. Unfortunately, cybercriminals may have other intentions for...
I am buying my first home. What happens during closing?
You have put months of effort into finding your first home. You looked at dozens of possibilities, examined the budget endlessly and finally found the ideal property. You made an offer and the seller accepted. Now what? In South Carolina, buyers retain a legal...
Is title insurance worth it?
When buying a property in South Carolina, you probably have had someone ask you about getting title insurance. You may not be sure if you should buy it. After all, Forbes notes that only a small percentage of buyers end up actually using this insurance. However, for...