Are you one of the heirs to an estate about to enter any of the 46 South Carolina probate courts? If so, you will probably need legal counsel.
Hopefully
the deceased person died testate, that is, with a current will. Dieing
intestate, without a will, could easily complicate matters in probate
court. This is especially true if the estate is large and there are many
heirs. Not having a will often times means a very lengthy probate
process with lots of attorneys and attorney fees. A contested will could
bring the same results, with each heir paying thousands for an
attorney.
Have you worked with an estate planning attorney to
be sure your estate does not wind up in probate court, being fought over
by family members? Your family members and potential heirs would all be
very grateful if you would get these matters taken care of.
An
estate attorney would asses your finances and be able to advise you on
all of the probate avoiding tools available in South Carolina. Some of
the legal ways of passing your property outside of probate are holding
assets by joint tenancy with right of survivorship, payable on death
bank accounts, living trusts, life insurance policies and retirement
accounts.
Attorney fees are not the only expenses your heirs might have with your estate. Liens and taxes have a way of minimizing the value of an estate very quickly. Many state and federal tax laws effect your estate as it is changing hands. For more about this see our estate tax page, and consult your estate attorney.
Young
people are known for going through life without a will, for
procrastinating and putting it off. It is difficult to see the
importance when you are young, healthy and have no intention of dieing
anytime soon. But if you and your spouse died in a car accident
tomorrow, who is going to decide the fate of your children. Choosing a
guarding is a decision you should make, not a judge. Establishing trust
funds for minor children is also something you should do, while you are
alive, young and healthy.
A successful financial plan
follows with the need for estate planning. In Charleston, Columbia,
Greenville and many other towns nearby, a South Carolina estate planning
attorney is waiting to talk to you about your estate. Finding that
person is as easy as filling out a form at Legal Match
and waiting for the qualified attorneys to respond to you. Helping your
lawyer by locating and filling out documents is a great way to reduce
your legal fees.
Legal Documents @ Lawyer-Free Prices
We'd love to hear your comments or opinions. Submit them here and other visitors can read them and comment on them. An e-mail address is not required.
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