Charleston Estate Planning Attorney

We prepare comprehensive wills and trusts and counsel clients on the formation and governance of trusts, family limited liability companies, conservatorships, and other private wealth planning structures in Charleston. We also advise clients on asset protection strategies for the preservation of individual wealth from exposures to divorce, litigation, unknown future creditors, incapacity, breach of privacy, and non-financial investment risk. Our advice and counsel are focused on providing solutions tailored to the client's particular situation, emphasizing the use of structures that deliver efficient administration and simplicity in design to afford clients the lowest cost burden relative to their planning objectives.

Understanding the unique aspects of the Charleston area, we work diligently to align our services with the local laws and regulations that affect trust formation and estate planning. Our team stays current with the latest legislative changes to ensure that our clients' estate plans are both compliant and advantageous, balancing innovation with tried-and-true practices.

In addition to standard estate planning services, we offer guidance on more complex issues such as philanthropy, business succession planning, and intergenerational wealth transfer. Our educational approach empowers clients to make informed decisions for themselves and future generations.

Call (843) 380-7791 today to schedule a consultation with our Charleston estate planning attorney.

Navigating South Carolina Estate Laws

Estate planning laws vary by state, and our firm stays current with South Carolina’s evolving legal landscape. We provide guidance on state-specific estate planning strategies, helping clients navigate issues such as probate procedures, inheritance laws, and tax considerations. Our proactive approach ensures that your estate plan remains legally sound and effective over time.

The Importance of Estate Planning

Estate planning is not just for the wealthy—it’s a crucial step for anyone who wants to maintain control over their assets and provide for their loved ones. Without a well-crafted plan, your estate may be subject to unnecessary legal complexities, taxes, and disputes. A proper estate plan:

• Protects your assets from unnecessary taxation and legal challenges.
• Ensures your loved ones are cared for according to your wishes.
• Avoids probate delays, saving time and costs for your beneficiaries.
• Provides clear instructions for medical and financial decisions if you become incapacitated.
• Creates a lasting legacy, ensuring your wealth is managed according to your values and long-term goals.

Estate Planning FAQ

What is estate planning?

Estate planning is the process of arranging how your assets will be managed and distributed after your death or if you become incapacitated. It typically includes wills, trusts, powers of attorney, and healthcare directives.

Do I need an estate plan if I don’t have many assets?

Yes. Estate planning isn’t just about wealth—it ensures your wishes are honored, avoids unnecessary legal complications, and provides for loved ones. Even a basic plan can make a significant difference.

What happens if I die without a will?

If you die without a will (intestate), South Carolina law will determine how your assets are distributed. This may not align with your wishes and can create additional legal challenges for your loved ones.

What is the difference between a will and a trust?

A will is a legal document that outlines how your assets should be distributed after your death. A trust allows you to transfer assets to a trustee to manage on behalf of beneficiaries, often avoiding probate and providing greater control.

Who should I name as my power of attorney?

Your power of attorney should be someone you trust to manage your financial and healthcare decisions if you become unable to do so. This can be a family member, friend, or professional.

How often should I update my estate plan?

Review your estate plan every few years or after major life events, such as marriage, divorce, childbirth, or significant financial changes, to ensure it reflects your current wishes.

Schedule a Consultation with a Charleston Estate Planning Attorney

Estate planning is a vital step toward securing your future and protecting those you care about. Our Charleston estate planning attorney is here to guide you through the process, offering personalized solutions that meet your needs.

Call (843) 380-7791 today to schedule a consultation with our Charleston estate planning lawyer.