As the personal representative what kind of things do I need to think about before I settle my friend’s estate? 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...Read more
Tag Archives: Probate and Taxes
- Tag Archives: "Probate and Taxes"
- 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
Some attorneys and financial planners prefer living trusts as a primary estate planning vehicle, but each have their usefulness. Wills can be prepared inexpensively, are familiar and understood by the...
People of modest means with total assets between $25,000 to $500,000 should talk with an elder law attorney about Medicaid planning. Planning may be addressed as part of their general...
How do I select a good attorney? Start by doing some homework and find out what kind of law the attorney practices. This can be as simple as referencing the...
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