Revocable trusts are powerful tools in estate planning. They allow you to manage your assets during your lifetime and provide a seamless way to transfer those assets after your death, all while avoiding probate. But not every asset should—or can—go into a revocable trust.

When it comes to preparing for the future, few documents are as essential as a will. A legally binding will outlines your final wishes and makes sure that your assets are distributed according to your intentions.

As business owners, we know that assuring the continued success of our companies requires preparation for various contingencies. One essential aspect of that preparation is establishing a buy-sell agreement.

At Porter Law Firm, located in Mount Pleasant, South Carolina, we understand the responsibilities and challenges that come with serving as the executor of an estate.

Creating a revocable trust is a popular choice for many South Carolina residents as part of their estate planning. It provides flexibility, control, and can help avoid probate. But like any estate planning tool, it requires careful thought and proper execution.

A power of attorney can give someone the authority to act on another person’s behalf in a wide range of situations. In South Carolina, this document often plays a key part in planning for unexpected events, medical care, and long-term financial matters.

Planning for the future of your business is just as important as running it in the present. For many South Carolina business owners, their company is their most valuable asset and often the product of years of dedication. But if something unexpected happens, a lack of estate planning can create legal headaches, internal conflict, and even lead to the collapse of the business.

When someone passes away in South Carolina, their assets, debts, and estate often go through a legal process called probate court. This process can seem overwhelming, especially for family members already dealing with grief. It helps to have a clear understanding of what probate involves and what your role might be.

Estate planning is about more than just deciding who gets what after someone passes away. It's also about preparing for life's uncertainties and making decisions now that'll carry legal authority later. Among the most important legal documents we prepare for at Porter Law Firm in Mount Pleasant, South Carolina, are powers of attorney.

Families want to provide support while preserving eligibility for critical public benefits. In South Carolina, one of the most effective legal tools for achieving that balance is the special needs trust.