Q. My mother has some fault in a small car accident. I’m concerned that she doesn’t have enough car insurance and think she should place her life savings beyond the reach of a lawsuit. Your thoughts? A. Your Mother’s insurance agent can best advise on whether she needs additional coverage. As a general rule the minimum...Read more
Tag Archives: Asset Protection
- Tag Archives: "Asset Protection"
- Can a non-South Carolina resident serve as the personal representative of an estate?
- How does an elective share work?
- I am planning to travel abroad with friends, not family. I have a living will and a health care power of attorney naming my daughter as my agent. Are these documents still valid in another country?
- Irrevocable Trusts
- Guns and Dementia
What is a family meeting in regards to probate? Sometimes the personal representative, the new statutory term for the executor or executrix of the will, asks the attorney probating the...
My Mom’s power of attorney was prepared some years ago in another state. When I took a copy to her local bank it was refused. Among other things I was told it was outdated. Does Mom need to have a new one prepared?It is always a good practice to have out-of-state legal documents reviewed when you establish a new domicile and it is not unusual for there to be problems with a...
How can one pre-plan for long term care? There is an old Chinese saying that the best time to plant a tree for shade is 20 years ago. The second...
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