What type of documents should I be considering for my Estate Plan?
- March 22nd, 2018
- David Greene
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When people typically think of estate planning, the first thing that comes to mind is how they can control their assets after death. When considering this, most individuals come in to see us wanting to create some type of will…
If one moves can he write in his new address on his existing Durable and Health Care Powers of Attorney?
- March 6th, 2018
- David Greene
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You cannot write on the Durable Power of Attorney. That will void it. Similarly, you cannot write on or make any changes to your will by striking through and writing over. Be sure to let your Attorney-in-Fact know your new…
Is an irrevocable trust better than a revocable trust?
- February 27th, 2018
- David Greene
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The answer is that one is better for some and the other is better for some. It depends on what you want to accomplish with the trust. Many advantages are common to both, such as: (1) both will avoid probate…
Does the new tax law eliminate inheritance taxes?
- February 1st, 2018
- David Greene
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With the new Tax Reform beginning to take effect, there is still a large amount of uncertainty when it comes to what changes are taking place and when they come into effect. When it comes to the Estate and Generation…
Merry Christmas
- December 20th, 2017
- David Greene
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As you read this article we are now in the week before Christmas. As an adult I ask “how did it get here so fast” but as a child I would ask “when will Christmas ever get here?!” As with…
What is the difference in a will and Durable Power of Attorney?,
- November 16th, 2017
- David Greene
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Each individual, even husbands and wives, needs to make a will in order to pass his/her assets after death. A Durable Power of Attorney, though, simply gives someone you trust the authority to act in your behalf when you can’t…
What are the biggest mistakes made in Estate Planning?
- November 14th, 2017
- David Greene
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Estate Planning covers both events during life and after death. Here are some of the biggest Estate Planing mistakes that are made: (1) Failure to plan for incapacity – everyone should have both a financial and health care Power of…
Tips On How To Avoid Will Contests
- October 24th, 2017
- David Greene
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It is very hard to be successful in a will or trust contest. However, many disappointed heirs file such contests every year. Here are some planning tips to hopefully avoid that headache and heartache for your heirs. (1) If you…
If you have a Living Trust do you also need a will?
- September 26th, 2017
- David Greene
- Comments Off on If you have a Living Trust do you also need a will?
That is a good question and the answer is: maybe or maybe not! If you have truly transferred all of your assets into your trust, then you do not need a will because no asset is in your name. However,…
Is there anything wrong with buying a fill-in-the-blank will or trust from the office supply store?
- February 15th, 2017
- David Greene
- Comments Off on Is there anything wrong with buying a fill-in-the-blank will or trust from the office supply store?
I highly discourage buying and using these kinds of packages. Why? First, they may or may not contain all of the language and signing requirements necessary in South Carolina. Second, they do not give you the latitude in making your…