Estates vary widely, but basically you have to focus on three areas – taxes and administrative expenses, final bills of the decedent and distributions. Very few estates have to pay federal or South Carolina estate taxes as an individual can currently pass $5.43 million under the exemption provisions before any taxes are due. However, the personal...Read more
Tag Archives: Final Bills
- Tag Archives: "Final Bills"
- As the personal representative what kind of things do I need to think about before I settle my friend’s estate?
- My father named my mother, then me as his attorney-in-facts in a financial power of attorney. Both my parents are now in care facilities and not competent. Am I automatically in charge or does something more need to be done?
- What is a life estate deed?
- If someone dies in a car accident and he is not at fault, who receives the insurance settlement monies, the people named in the will or the heirs-at- law?
- Things are changing for my parents and I feel I need to address early care and monetary issues with my siblings when they visit from out of state at Christmas. How do I begin?
I have children here and in Pennsylvania and are trying to decide where to retire. I heard something about filial responsibility laws and want to know if they exist in South Carolina.South Carolina does not have a filial responsibility law or a law that makes an adult child responsible to provide support for an indigent or impoverished parent seeking support from...
I got a lot of phone calls about long term care planning after an article on Medicaid planning I ran a month or so ago. There were common areas of...
If you are a veteran, a parent, dependent or spouse of a living or deceased veteran, you may be entitled to benefits through Veteran’s Affairs. A Report of Separation known...
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