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South Carolina Family Law Blog Information and Insight On Family Law Issues In South Carolina

Will You Ever Die?

Posted in Assets and Debts

Well, will you? I realize that death is a topic that is not very high on most people’s list of favorite topics. However, whether we like it or not, it’s coming — hopefully later rather than sooner.
Since we will all die, it is certainly a good idea for everyone to do some basic planning for the inevitable. Estate planning is essential if you are married, have one or more children, own a business, have any significant assets, or simply want to spare your family from additional and unnecessary stress. Odds are that you fall into one or more of these categories.
A will is your opportunity to address such important issues as: who will care for your children; how your assets will be divided; who will be responsible for administering your estate; and what extent government and taxes will come into play in your personal business.
AskMen.com has an excellent article, How To Write A Will, that elaborates on the advantages of estate planning, the expenses involved, the types of issues to consider beforehand, and the process itself. Once again, AskMen.com has published a very practical article that can be a great benefit to men and women alike.

  • Teresa

    When a husband and wife own property in South Carolina and one of them dies, without a will, does the surviving spouse gain 100% ownership of that property? What are the surviving spouse laws regarding property in South Carolina