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I had the priveledge of sitting down with Alan Donald with Keller Williams to talk about some frequently asked questions regarding Probate. Check out our interview! Alan has put together some fantastic resources to help Personal Representatives with administering estates. Call Tapp Law Firm for any Estate Planning or Probate needs (843-350-1792), and call Alan Donald (843-900-0155) for any services related to serving as a Personal Representative. Thanks for having me Alan, enjoyed it!
03/27/2023
01/25/2023
A trust’s primary benefit is to avoid probate upon the grantor’s death. Probate is typically a long, costly, and public process that must be undertaken when someone passes away with any assets in their sole name. Trusts are an ideal way to avoid this scenario and to have assets be professionally managed over generations and distributed according to the grantor’s intentions.
Trusts can remove assets from an estate, reduce taxes, protect assets from creditors, carry out charitable wishes, and provide income to beneficiaries across multiple generations. They also help to ensure privacy and confidentiality, which is lacking in public probate.
Visit www.TappLawFirm.com to schedule an appointment with an estate planning attorney today!
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How do I set up a Trust?
Once the trust is set up and properly executed by all parties, the bank and other financial institutions can then open or retitle an account in the name of the trust and transfer any money into it for funding. The client still maintains full control over their assets and investment strategies.
Contact an estate planning attorney in South Carolina to create a trust document today! 843-350-1792
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835 Savannah Highway , Suite 201
Charleston, SC
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