SC Probate and Estate Planning Lawyers in Myrtle Beach
SC PROBATE AND ESTATE PLANNING LAWYERS IN MYRTLE BEACH
Our SC estate planning attorneys at Axelrod and Associates help our clients to create estate plans that are tailored to our clients’ unique situations and needs.
From simple wills to complex estate plans to probate administration, your SC probate lawyer at Axelrod and Associates will work with you and your advisors to protect your interests and ensure that your loved ones are taken care of after you are gone.
What is an Estate Plan in SC?
We offer comprehensive estate planning solutions that include:
- Asset protection plans
- Probate administration
- Trust administration
- Simple wills and complex wills
- Powers of attorney
- Business succession planning
- Guardianships and conservatorships
- Elder law services
- Special needs planning
Many estate plans involve combinations of the services listed above, and your individual plan is crafted after careful consultation with you, possibly your spouse, and any advisors such as your accountant, financial planner, or other professionals who have assisted you with wealth management.
Your comprehensive estate plan must also take into consideration the potential effects of estate taxes, gift taxes, and generation skipping transfer taxes.
Why do I Need an Estate Planner in SC?
Everyone needs to prepare for the unexpected to ensure that your possessions, your businesses, and your family are taken care after you are gone.
Your possessions will pass to someone – the only question is whether you decide how it is done or if the state decides for you…
For some people, this means drafting and executing a simple will that specifies what happens to your possessions and who will oversee the probate process. For others, a comprehensive estate plan is needed that may include the creation of wills and trusts, different types of powers of attorney, titling your assets in a way that ensures a smooth transition, or taking steps to ensure that your business or businesses survive and continue to grow.
Depending on your situation and your wishes, your estate plan may include the creation of one or more different kinds of trusts like testamentary trusts, irrevocable trusts, or revocable living trusts. If you have a dependent with special needs, a special needs trust can be created to continue meeting their needs without jeopardizing any government benefits that they receive.
Your businesses need to be accounted for in your estate plan – a successful business could continue to provide for your family, or it could fall apart when you are gone. Ensuring that your business is set up properly, that business partners or stakeholders will not be able to interfere in the probate process, and that operating agreements are properly drafted can make the difference in whether a successful business continues to grow and provide for your family after you are gone.
If you do not have an estate plan in place, or if you need to review, update, or improve an existing estate plan, call your estate planning and probate attorney at Axelrod and Associates today at 843-353-3449 or complete our contact form to set up an initial consultation.