Estate Planning, Probate, Divorce and Personal Injury Attorney in Charleston South Carolina

Evan Guthrie Law Firm

164 Market Street, Suite 362
Charleston, South Carolina 29401

Phone(843) 926-3813

Articles Published by Evan Guthrie Law Firm

 Estate Planning: Where To Keep Your Documents When They Are Completed

As important as it is to make your estate planning documents such as a will or living trust and pour over will, durable powers of attorney, and healthcare powers of attorney is where to keep those documents. Finding a safe secure place to keep your estate planning documents is very important for the fact that those documents are no good if they are destroyed, lost, or missing.

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 Estate Planning: Should You Name Two Or More As Your Executor Or Personal Representative In Your Will

When you make your will an important part of the will and an important decision you will have to make is who you want to be your personal representative or executor. Personal representative and executor can be used interchangeably and the title will differ based on what state you are located in when probate is started.

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 Updating Your Estate Plan: Is It Better To Change Your Will Or Make A Brand New Will?

There may come a time when circumstances in your life have changed and you need to update your will. These circumstances can include a new marriage, a new child, a divorce, or having a new financial status such as winning the lottery and becoming a millionaire.

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 Estate Planning: Your Children Will Fight over Your Assets

Just because you love your children and get along with them does not mean you can assume that they will love each other or get along with each other in the same way. The reality is that when there is money on the table family history and love can easily be thrown away. The relationship between each child with each other child should be examined when making an estate plan.

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 Estate Planning with the Unlimited Marital Exclusion and Federal Estate Taxes

If you have sizable assets it is an advantage to be married. If a couple is married they can pass an unlimited amount of money to each other after they die without having to pay a federal estate tax. Bill Gates, Donald Trump, or Warren Buffett could pass all of their billions to their wives if they died and would not have to pay a cent of federal estate taxes.

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 What is the Greatest Estate Plan in the World?

The greatest estate plan you can make is to spend all of your assets or everything that you own. This is simple and easy to do as you can just have fun until your last dollar and not worry about passing anything on. Some may be forced to do this while others may spend all of their assets by choice.

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 What You Need to Have Together Before You See Your Estate Planning Attorney

An important question to ask before you see an estate planning attorney to make a will or living trust and all of your other planning documents is what to bring. It is important to account for all of your assets, or everything you own before you make an appointment to see your estate planning attorney. You must do a little bit of work to prepare yourself and do your homework before you will be properly prepared for your initial meeting with an attorney.

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 What A Common Law Marriage Does To Your Estate Plan

Common law marriage is still in practice in Alabama ,Colorado, The District of Columbia, Iowa, Kansas, Montana, New Hampshire, Oklahoma, Rhode Island, South Carolina, Texas, and Utah and should be factored into your estate plan if you live in any of these states and it applies

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 What to Do With Personal Items in Your Estate Plan

Many times it is not the big assets such as the house or bank accounts that cause fights among family members when an estate is divided. Deciding what to do with your personal items such as your favorite piece jewelry that has been handed down from six generations is what many people think of when they make an estate plan.

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 Estate Planning for a Child That Provides Caretaking Responsibilities

When parents of get older and have multiple children, one child may provide caretaking responsibilities for the parent. These added duties include care at home including chores such as cooking, cleaning, organizing, and any other duties that are associated with home care. Added duties can also include companionship and spending extra time with an older parent that may be lonely and alone otherwise.

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 Deciding What Age a Minor Heir Will Receive Their Inheritance in an Estate Plan

Although it is difficult to think about your own mortality, if you have minor children under the age of eighteen then it is something that you must consider for their own protection and well being. The estate plan that you come up with when you are still alive will greatly affect and shape the course of their entire lives.

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 Estate Planning When One Child is More Successful

Some families are blessed with a child that is extremely successful in terms of wealth. This condition can make planning an estate more challenging than it would normally be. Making an estate plan as a parent that has one child that is more successful than the other children can present some difficulties if you do not properly plan ahead.

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 Do Not Underestimate the Size of Your Estate When Making an Estate Plan

Making an estate plan is an important step in taking control of your financial life, but you must have an accurate and complete picture of your overall net worth and potential for growth of your net worth in the future. It is very easy to underestimate the size of your estate when making your estate plan. This could potentially be harmful for your estate and reduce the amount that your heirs receive.

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 The Dangers of Estate Plan of Jointly Titling Bank Accounts with a Child

When one is coming up with an estate plan there is a common practice that some people engage in. That practice is putting their name on a bank account with their child or what is also known as having the bank account titled jointly. There are reasons to title a bank account jointly with a child that would convince someone that this would be a good idea.

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 Sharing Information With Your Estate Planning Attorney

When you finally decide that it is time to make your estate plan you will have to schedule a meeting with an estate planning attorney. There will come a point when the conversation with your estate planning attorney may get uncomfortable or personal and you feel that you should not reveal everything and hold some information back.

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 Choosing the Estate Plan You Want or the Estate Plan You Need

There comes a time when you must decide what your estate plan will ultimately look like. Plans for your estate come in many different forms, but one key distinction to make between choices is the plan you want versus the plan you need. The plan that you want may not always be the plan that you need.

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 Surprises Are a Bad Thing for an Estate Plan

Everyone likes a good surprise from time to time. There are some situations where a surprise can be welcome. An estate plan is not one of these situations. A surprise in an estate plan can lead to difficulties and difficulties can cost your estate money.

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 Estate Planning for Owning Real Estate in More than One State

Owning Real Estate in multiple states is a dream for many, but a reality that many have already achieved. This means you could have a residence in one state and a vacation home in another state. This is a good thing for the few that can pull it off, but there can be consequences down the road. Owning property in multiple states can drastically affect your estate plan.

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 You Do Not Have to Leave a Dollar to Disinherit Someone in an Estate Plan

There is a popular misconception that is part wives tale part urban legend that the best way to disinherit someone, particularly a child, is to leave them a dollar in your will. The will in this case usually contains a provision such as "I leave a dollar to my child". Leaving a dollar in a will is probably the worst way to disinherit someone from a will and is totally unnecessary.

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 Why Should You Include Your Children or Loved Ones When Making an Estate Plan?

Most view making an estate plan as a private activity that is between a lawyer and the client. There is a veil of confidentiality that allows one to keep their plan guarded and for their secrets to be taken to the grave. This may not be the best course of action as one may want to include their children or loved ones in on their estate plan.

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 HIPAA Authorization as Part of an Estate Plan

You may think that an adequate estate plan consists of a will or living trust coupled with a durable power of attorney and a healthcare power of attorney and living will. There is now an additional estate planning document that you may need to have for a more complete plan. This additional document is what is known as a HIPAA Authorization and could make a big difference in the quality of care that you receive.

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 Who You Should Name as an Alternative Personal Representative or Executor in Your Will

One of the most difficult choices that has to be made when you make your last will and testament is who will be the personal representative or executor. The personal representative is the person that is in charge of your estate when you die. A decision that is just as important as naming an executor and is most often overlooked is who will be the back up or alternative in case that person you choose as executor is unable or unwilling to perform the duties and responsibilities of the job.

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 It Takes Work to Disinherit a Spouse

The goal for some in a marriage is to make sure that the person they marry gets no inheritance from them when they die. Whatever the reason, it takes work to leave a spouse with nothing in most states and cannot be done with a simple will. The goal for some in a marriage is to make sure that the person they marry gets no inheritance from them when they die.

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 Updating Your Will When Getting Married

Getting married is a time when there is enough to worry about. There are a million things that need to be done for just the wedding. After the wedding is over a new marriage can have a huge impact on your estate plan. It is always important to review and update your will prior to getting married and at the very least after the marriage has begun.

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 Becoming Incapacitated Without a Healthcare Power of Attorney

A Healthcare Power of Attorney is meant to be in place to allow you to make healthcare decisions for yourself when you are no longer able to speak for yourself. You are considered to be legally incapacitated when you can no longer speak for yourself. What happens when you become incapacitated without having a healthcare power of attorney in place?

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 The Best Time to Make a Living Will and Healthcare Power of Attorney

A Living Will and Healthcare Power are the most important estate planning documents that you can make. This is for the simple fact that they affect you and have huge ramifications for you while you are still alive. The question that matters most is when is it the best time to make sure that these documents are in place. The simple answer is that the best time to make a Living Will and Healthcare Power of Attorney is before you need them.

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 Your Estate Planning Team to Win the Game

When you are planning an estate there is a common belief that an attorney is the only professional that you you will interact during the entire process. While the estate planning lawyer is undoubtedly the most important professional that you will interact with during the process of coming up with a plan there may be other experts that can help guide you to the path that you need to be on.

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 Why You Should Not Put Property in Your Child's Name as Part of an Estate Plan

A good portion of parents with children eventually want to pass on the property they own to their children. Some might think that it is a good idea to put their real estate, home, property, or land in the name of their children while they are still alive. This type of estate plan can be easy to set up and can most likely be done without a lawyer, but it is full of dangers and risks that can pop up and bite you if you are not careful.

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 Who Should Be the Personal Representative or Executor if You Have No Family or Friends You Can Trust

When you make a will one of the most important and difficult decisions you will make is who to name as personal representative or executor. This is the person who is in charge of your estate when you die and will have to tie up loose ends, pay debts, and distribute everything according to your will.

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 Planning a Funeral as Part of Your Estate Plan

Planning for your funeral is an important aspect of having a complete estate plan. One of the goals for any estate plan should be to make everything as easy as possible for your loved ones once you pass on. During the period immediately following your death can be a difficult time for those you leave behind.

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 What a Personal Property Memorandum Can Do for your Estate Plan

When you make a will as part of your estate plan there is a portion that is reserved for specific bequests or items that you want to give to a person. Instead of listing all of your personal property one by one in your will there is a manner that will allow you to give items away to specific people in a much easier way.

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Evan Guthrie Law Firm Commercial October 2013

http://www.ekglaw.com 843-926-3813 Evan Guthrie Law Firm, Attorney Evan Guthrie. 164 Market Street Suite 362 Charleston, SC 29401 October 2013 commercial filmed at Colonial Lake in Charleston, South Carolina

Evan Guthrie Law Firm Commercial August 2013

http://www.ekglaw.com 843-926-3813 Evan Guthrie Law Firm, Attorney Evan Guthrie. 164 Market Street Suite 362 Charleston, SC 29401 August 2013 commercial filmed at Charles Towne Landing in Charleston, South Carolina

Evan Guthrie Law Firm Commercial July 2013

http://www.ekglaw.com 843-926-3813 Evan Guthrie Law Firm, Attorney Evan Guthrie. 164 Market Street Suite 362 Charleston, SC 29401 July 2013 commercial filmed at Charlotte Street Park in Charleston, South Carolina

Evan Guthrie Law Firm Commercial June 2013

http://www.ekglaw.com 843-926-3813 Evan Guthrie Law Firm, Attorney Evan Guthrie. 164 Market Street Suite 362 Charleston, SC 29401 June 2013 commercial filmed at Mount Pleasant Memorial Waterfront Park In Mt. Pleasant South Carolina

Evan Guthrie Law Firm Commercial May 2013

Evan Guthrie Law Firm Commercial May 2013 www.ekglaw.com 843-926-3813 Evan Guthrie Law Firm, Attorney Evan Guthrie. 164 Market Street Suite 362 Charleston, SC 29401 May 2013 commercial filmed at Cannon Park in Charleston South Carolina

Evan Guthrie Law Firm Commercial April 2013

http://www.ekglaw.com 843-926-3813 Evan Guthrie Law Firm, Attorney Evan Guthrie. 164 Market Street Suite 362 Charleston, SC 29401 April 2013 commercial filmed Facing Ansonborough Field in Charleston South Carolina

Evan Guthrie Law Firm Commercial December 2012






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