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Revocable Living Trusts

Friday, September 28, 2018

Dynasty Trusts Explored


What are the benefits of a dynasty trust over a traditional revocable trust?


A dynasty trust is a type of irrevocable trust set up for the benefit of the trust maker’s descendants.  Dynasty trusts, also commonly referred to as generation skipping trusts or descendant’s trust, are typically created to allow wealth to flow to several generations with minimal tax consequences.  For high wealth individuals, a well drafted dynasty trust could result in your heirs receiving significant funds that would have otherwise gone to federal and state taxes. Our
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Monday, July 9, 2018

Irrevocable vs. Revocable Trusts - Which Type is Right for Me?

There are several different types of trusts you can choose to use as part of your estate plan and retirement plan. The benefits of a trust are numerous, including protecting assets, avoiding property, providing for incapacity, and protecting property from creditors. Before you choose the type of trust to use as part of your plan, you should consult with a...


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Thursday, February 15, 2018

Top 5 Characteristics of a Great Trustee or Executor

Congratulations! You are setting up your will or trust to make sure your loved ones get the assets you want to give them one day when you pass on. You put a lot of thought into who will receive which items, but you still have a critical decision ahead. No matter how well thought-out your estate plan is, if you make a poor choice of the person who will administer your estate, your lovely intentions could all be for nothing. To help you in making your selection, talk with an experienced


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Wednesday, December 13, 2017

What is the Difference Between a Revocable and an Irrevocable Trust?

When planning for your legacy, a popular option for tax and practical reasons involves creating a trust. A trust can be either revocable or irrevocable. While a revocable trust may seem like the best idea, to maximize flexibility for the person and his or her future options, the reality is that creating a revocable trust does not often solve the problems that trusts are meant to solve.


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Saturday, November 25, 2017

How Do I Avoid Probate In South Carolina?


By all accounts, probate proceedings are difficult affairs. The proceeding, which divides up a deceased person’s assets to its inheritors, is usually an expensive and lengthy process. There are, however, several ways to avoid a probate proceeding. 

Craft a Living Trust

A living trust is the easiest way to avoid probate. While virtually any asset in South Carolina can be put into a living trust, the legal mechanics can be tricky.
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Thursday, July 27, 2017

August 2017 Seminar - Is Your Living Trust a Ticking Time Bomb?

  • Have you retitled your assets into your living trust? If not, probate could be imminent.

    We will discuss how to ensure you avoid life and death probate with a fully funded living trust.

  • Is your current trustee the right person, and are they informed?

    We will cover how to ensure your trustee knows what to do if something happens to you.

  • Are your assets protected from creditors in the event of a lawsuit, car wreck, or personal injury claim?

     We will discuss creditor protection and provide you with a free attorney booklet on asset 

      protection in SC.

August 10th and 11th

10:00 AM

852 Lowcountry Blvd, suite 101

Mt. Pleasant, SC 29464

 

Call now to reserve your seat, or a one on one review consultation.

We look forward to meeting with you in the near future to review your plan.

Tripp Wiles

Attorney & Counselor at Law


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Wiles Law Firm, LLC helps clients with their estate planning needs in Charleston, South Carolina and the surrounding areas such as West Ashley, Summerville, North Charleston, Mount Pleasant, and John's Island.

Information on this website is not legal advice. Further, viewing of the enclosed information does not create an attorney-client relationship with Wiles Law Firm, LLC. Matters will be handled by attorneys who primarily practice out of our office in Charleston County located at 852 Lowcountry Blvd., Ste. 101, Mt. Pleasant, SC 29464. M. Emerson Wiles, III is the attorney responsible for this advertisement.

Any result Wiles Law Firm, LLC may achieve on behalf of one client in one particular matter does not necessarily indicate similar results can be obtained for other clients. Please contact a South Carolina estate planning attorney or one of our attorneys with Wiles Law Firm, LLC for a consultation regarding your unique estate plan.



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852 Lowcountry Blvd., Suite 101, Mount Pleasant, SC 29464
| Phone: 843-718-0232

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