If you have a relative who has a disability, you may worry about his or her ability to pay for basic living expenses and essential medical care. Fortunately, government programs, like Supplemental Security Income and Medicaid, offer financial assistance to those with...
What is a living trust?
Most people know what a will is, but are far less familiar with living trusts. A last will and testament is often the backbone of a successful estate plan, but living trusts offer a number of benefits as well. There are two types of living trusts. The first type of...
How can you avoid family tension over your estate plan?
When family inherits from a loved one, it is not uncommon for animosity to grow between family members. When a family does not communicate, then others may be skeptical of the handling of the estate. The family may not agree on property maintenance, sale or the...
Detailing South Carolina’s intestate succession guidelines
A common question that we here at Mack & Mack Attorneys receive from potential clients in Fort Mill is what happens if one dies without a will. If you share the question, only you can know for sure your motives in asking it. Yet if you are like them, then it is...
What are the common mistakes to avoid writing a will?
If you want your family in South Carolina to be looked after when you are gone, a last will and testament is probably something you have at least given thought to. Even if you are still relatively young, if you have significant assets and family or close friends, a...
Estate planning for newlyweds
When people tie the knot, many aspects of their lives change and there are various factors to take into consideration. For example, lives change with respect to daily schedules and there are future changes couples think about as well, such as the decision to have...
How can you provide for a special needs child after you die?
As a parent, it is completely natural for you to worry about what your children will do after you pass away. When you are the parent of an adult child with a disability, this can be even more of a concern. After all, how can you guarantee that the child will continue...
Benefits of an educational trust
As the cost of a university education continues to increase, many parents and grandparents wonder how to safeguard funds for their children or grandchildren's education. Like most estate planning decisions, saving for higher education is not a one size fits all...
Who is responsible for your debts when you die?
Do you know what happens to outstanding debts when you die? Your unpaid debts and the types of indebtedness will impact the net worth of your estate. Like millions, you rely on credit to pay for major expenditures, such as automobile or medical expenses. South...
Can I include charitable giving in my estate plan?
An estate plan gives you a lot of control over what happens with your money and assets after you die in South Carolina. It lets you say what you want and the court upholds those wishes after your death. You have the opportunity to do whatever you want with your money...