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Author: Law Office of Gem McDowell, P.A

What’s the Difference Between a C-Corp and an S-Corp?

Deciding what kind of entity you want to be is one of the first steps when creating a new business. If you’ve already decided that your business should be a...

How A Buy-Sell Agreement Is Like Monopoly

Imagine sitting down with someone to play Monopoly, and it’s the first time ever for both of you. What do you do first? After you each pick a token –...

5 Ways A Business Lawyer Helps Grow And Protect Your Business

Business law, or corporate law, is the application of law to the business world. The two are completely intertwined at all times. For that reason, as a business owner you...

The Unintended Consequences of Bad Estate Planning

We always advise people to get estate planning done. If you don’t decide what will happen to your assets upon your death, the state will decide for you. But sometimes,...

What to Know About Estate Taxes for Estate Planning

An estate tax is levied on an estate of a certain value. Because the tax rate is so high – up to 40% – it’s smart to do what you...

What Happens if You Die in South Carolina Without a Will?

Updated April 2024 Less than half of US adults have a will, according to a 2021 Gallup poll – are you one of them?  If so, you have committed Family Malpractice™,...

The 5 Essential Estate Planning Documents

Updated April 2024 When you come to Gem McDowell Law Group to work on your estate plan, we discuss five documents together: a will, a trust, a living will, a...

Should I Use LegalZoom to Create My Will?

Should you trust your estate planning documents to DIY legal sites like LegalZoom? Short answer: Probably not. Every person is different. Every family situation is different. And if you have...
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