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Category: Estate Planning

Should Your Estate Go Through Probate? Why or Why Not?

Updated April 2024 Last time we cleared up confusion around probate in South Carolina and looked at what probate is and isn’t. If there’s one thing people do know about...

Clearing Up Confusion About Probate in South Carolina

Updated 11/27/2022 For some people, “probate” is a dirty word. Much of this attitude comes from not understanding the process, so let’s clear up the confusion. What Probate Is and...

The Statute of Elizabeth: What You Need to Know About Transferring Assets

What if you owed someone a lot of money, but you didn’t want to pay them back? You might try to put your assets somewhere they couldn’t be touched; for...

Transmutation: When Non-Marital Property Becomes Marital Property

Consider this: Sandra and James have been married for 25 years. Once they were married, she gave up her job to become a stay-at-home mom. When the kids were old...

Avoid the Pitfalls of Estate Planning in “Brady Bunch Marriages”

“Brady Bunch marriages” – in which spouses bring their kids from prior relationships into the new marriage – pose a number of potential problems when it comes to estate planning....

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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