Estate Plan

estate planning

Did you know you already have an estate plan and it may not be the one you want?

At A Business Law Firm, LLC, we do more than business work and we see more clients than just business owners. One category of business we love to help both individuals and business owners is estate planning. Estate Planning is determining how you want your assets to be distributed at your death.  Estate Planning also includes discussing ways for asset protection for the next generation. We also discuss Life Planning issues, such as retirement and drafting health care or durable powers of attorney.  

Even if you have never created a will, the State of South Carolina has already created an estate plan for you on how your assets will be distributed through the Probate Court. It is decided by the rules of intestacy, which is in the Uniform Probate Code. It states your assets will go half to your spouse and half to your children. Many times, spouses are not happy with this decision, especially if minor children are involved.  If you do not have a spouse or children, the rules of intestacy will continue to decide how your assets are distributed. At a certain point if no family members are found, your assets could go to the state of South Carolina. 

If you want to decide on how your assets are distributed and not let the state dictate your choices, give us a call at 864-699-9803 to discuss setting up your estate plan. 

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COVID-19

As you may be aware, both North Carolina and South Carolina have confirmed cases of Coronavirus (COVID-19).  It appears from news sources that Spartanburg County may have at least one confirmed case of COVID-19.   Our Firm wants to assure our clients that we are taking precautions to help prevent the spread of infection.  A couple of simple examples are the daily wiping of door handles with disinfecting wipes, and having hand sanitizer available to our clients at the office. We are also implanting the CDC’s recommendations including: 
  1. Frequently wash your hands with soap and water for at least 20 seconds;
  2. Avoid touching your eyes, nose, or mouth with unwashed hands; and
  3. Avoid close contact with people who are sick.
We at the firm are prepared to handle this virus and to keep working to handle all your business and estate needs. If you are feeling sick, then please free to contact our office to reschedule your appointment until you are feeling well. Thank you for your business, stay healthy and have a great week! For more tips on how to stay safe: 
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