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HOW DOES AN ELECTIVE SHARE WORK?
In most states the law allows a surviving spouse to make an election against decedent’s will to ensure the surviving spouse receives a fair inheritance.…
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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?
Probably your health care power of attorney (hereinafter HCPOA) will be valid, but it may be difficult to reach your agent. I suggest you name…
IRREVOCABLE TRUSTS
Q. How do I know if I need a revocable or irrevocable trust? A. You should consult with a legal professional that handles both kinds…
GUNS AND DEMENTIA
Q. My elderly father is often confused and agitated. I am concerned because he has loaded guns in the house. What can I do? A.…
DIGITAL ASSETS
Q. Any updates on how a fiduciary accesses digital assets? A. South Carolina passed the Uniform Fiduciary Access to Digital Assets Act in 2016 which…
STOP, LOOK, LISTEN
Q. I am named as personal representative in my father’s will. Can I sell his car immediately after his death so I don’t have to…
TAX CREDIT 2019
Q. I have claimed my mother as a dependent in the past for tax purposes. Are there any tax breaks left to help me with…
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 AMONG OTHER THINGS I WAS TOLD IT WAS OUTDATED.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…
VA BENEFITS
Q. I heard there are changes to the eligibility for VA pensions and other veterans’ needs based programs. What are the changes and when do…
I AM CONFUSED IS THERE MORE THAN ONE KIND OF PROBATE IN SOUTH CAROLINA.
No and yes. Probate is a court procedure by which a will is proved to be valid or invalid and then the terms of that…