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Category: South Carolina

How to Determine 1099 or W-2 Status According to the IRS

Update, 02/15/2023: The Department of Labor’s Wage and Hour Division published a notice of proposed rulemaking on the subject of worker misclassification and how to correctly classify workers as employees or...

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....

Why a Judgment in Your Favor is Not as Great as You Think

If you’re awarded a judgment, don’t celebrate just yet – it may not be the windfall you think it is. A judgment is a decision of the court that comes...

How South Carolina Courts View Covenants Not to Compete

On the surface, covenants not to compete look simple. One party agrees not to compete against another party – either by working for a competing company, or by starting their...

What You Need to Know About Section 1031 “Like-Kind Exchanges”

Under Section 1031 of the US Code, you can sell a qualifying property, take the money from that sale, and buy new qualifying property of a “like-kind” without paying any...

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 Happens if You Die in South Carolina Without a Will?

Updated February 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™,...
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