Choosing who will serve as your agent under Power of Attorney may seem obvious at first glance. For instance, a married individual may easily choose their spouse to serve as their agent. Choosing one stable, trustworthy agent to manage your affairs if you cannot do so yourself may seem like a no-brainer, but what about […]
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Regarding revocable trusts, one of the most important issues estate planning attorneys deal with is how to distribute assets to beneficiaries at the death of the client. For instance, should assets be distributed outright, in trust until the beneficiary reaches a certain age, or should the beneficiary be protected from themselves or from others? Separate, […]
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With the divorce rate in the United States approaching 50%, estate planning for blended families is a big part of any estate planning practice. It is common for spouses to have separate children from prior marriages. Most people want to ensure their children receive at least a portion of their assets after death. One concern, […]
The post Estate Planning Issues for Blended Families appeared first on Jolley Law Group.
Choosing who will serve as your agent under Power of Attorney may seem obvious at first glance. For instance, a married individual may easily choose their spouse to serve as their agent. Choosing one stable, trustworthy agent to manage your affairs if you cannot do so yourself may seem like a no-brainer, but what about […]
The post Choosing an Agent under Power of Attorney- And an Alternate! appeared first on Jolley Law Group.
Regarding revocable trusts, one of the most important issues estate planning attorneys deal with is how to distribute assets to beneficiaries at the death of the client. For instance, should assets be distributed outright, in trust until the beneficiary reaches a certain age, or should the beneficiary be protected from themselves or from others? Separate, […]
The post Protecting your Beneficiaries Through Ongoing Trusts appeared first on Jolley Law Group.
With the divorce rate in the United States approaching 50%, estate planning for blended families is a big part of any estate planning practice. It is common for spouses to have separate children from prior marriages. Most people want to ensure their children receive at least a portion of their assets after death. One concern, […]
The post Estate Planning Issues for Blended Families appeared first on Jolley Law Group.
November is Alzheimer’s awareness month. Alzheimer’s is a progressive brain disorder, NOT a normal part of aging. It is caused by brain cell damage and, as it progresses, cognitive ability declines, and simple tasks become troublesome. According to the Alzheimer’s Association, every 65 seconds, someone in the United States develops Alzheimer’s. The Alzheimer’s Foundation reported […]
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Tax Free Exchanges of like kind real property used in a trade or business, or for investment, areallowed under to IRC Sec. 1031. Real property generally qualifies as a like kind asset to otherreal property, even if the difference in value or appearance is significant. This technique allowsgrowing companies to move into bigger buildings and […]
The post 1031 Exchanges – Defer, Defer, Defer appeared first on Jolley Law Group.
In South Carolina, there are three types of dissolution processes for a corporation: voluntary dissolution, administrative dissolution, and judicial dissolution. Planning ahead can help avoid a situation where court intervention and litigation is required to wind-up your entity and distribute its remaining assets. Voluntary dissolution is the process by which a corporation’s members choose to […]
The post Dissolution of a Corporate Entity: When Legal Proceedings are Necessary appeared first on Jolley Law Group.
The National Practitioner Data Bank (NPDB) requires that hospitals and other health care entities report physicians or dentists who have had a professional review action taken against them for more than 30 days. It’s important to be familiar with the rules regarding professional review actions and the impact of the civil liability protection. Here is […]
The post Important Reminders for Providers’ Professional Review Activities and Civil LiabilityProtections appeared first on Jolley Law Group.
The need to “quiet title” to real property often arises when someone has recently purchased property without the benefit of a title search; for example, when purchasing property at tax sale, in a foreclosure auction, or at an estate sale. Such actions can also arise after an owner runs a title search and learns that […]
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