Wills and Trusts Charleston SC

Get Counsel on Wills and Trusts in Charleston SC

You want control over the assets you worked so hard to gain so you need advice on wills and trusts in Charleston SC. Buxton & Collie, LLC, can assist you with your estate plan to ensure your assets go where you want them to after you pass away. Our experienced attorneys will work with you to come up with the right strategy that works for your situation. As a result, you can rest assured that your estate receives the proper handling.

Why You Need Us for Wills and Trusts in Charleston SC

Clients call Buxton & Collie, LLC, for legal counsel on local, national, and international matters because our service has made a difference since 2010. We take an active role in improving our community. For that reason, our firm has held events such as blood drives and luggage collection for foster care. In fact, our employees volunteer to serve on boards of organizations serving causes close to their hearts. Furthermore, we take the same difference-making approach to consultations with our clients. Because of that concern for our clients, they seek us out for advice on matters such as business law, private equity, or wills and trusts in Charleston SC.

Advantages of a Will

Buxton & Collie, LLC, wants to help you make an informed decision on wills and trusts in Charleston SC. So, we will first review the purpose of a will and advantages of a will compared to a trust. A will indicates how you want your property to be distributed upon your death. It is revocable and you can amend as many times as you wish during your lifetime. In addition, it allows you to appoint a guardian to care for your children. Also, you can expect the following advantages of a will compared to a trust:

• Wills are cheaper and easier to set up than a trust. Therefore, the cost of setting up a trust may exceed the savings of avoiding probate if you have a smaller estate.
• Also, wills do not require you to retitle assets or other formalities involved with creating a trust.
• Lastly, the use of a will requires court supervision over the distribution of your estate. As a result, you can rest assured your wishes for the distribution of your assets will be followed.

Advantages of a Trust

Our firm knows the decision on wills and trusts in Charleston SC is not easy. So, Buxton & Collie, LLC, will now review trusts, their advantages, and disadvantages of wills. A living trust provides lifetime and after-death property management. If you are the initial trustee, the trust will provide for a successor upon your death or incapacitation. Therefore, you can avoid court intervention. Because many people consider the probate process that comes with wills as a hassle, they may choose to create a trust. In addition, you can expect the following advantages with a trust compared to a will:

• You can pass property to your heirs without going through probate. So, this allows for faster distribution than a will and ensures the privacy of your estate.
• Also, you do not need to go through additional proceedings to distribute property you own from multiple states with a trust. A will would likely require probate proceedings in each state.
• Lastly, trust documents take effect immediately. Therefore, you can create provisions for end-of-life directives or guardianship of your children if you become incapacitated.

Contact Us

Get complete counsel on wills and trusts in Charleston SC. Call Buxton & Collie, LLC, today at 843-606-2397. In addition, you can get in touch with us quickly with our convenient contact form by clicking here. Since you may prefer an in-person consultation, you can visit our office at 940 Johnnie Dodds Blvd, Ste 100, Mt. Pleasant, SC 29464.