Second Marriage Estate Planning Tips for South Carolina Domiciliary

Second marriages present some interesting estate planning issues.  Hindson & Melton LLC recommends that individuals contemplating a second (or subsequent) marriage seek legal advice prior to the marriage. Second marriage estate planning considers issues such as: what, if any, assets to own jointly and when Read More

Estate Planning Annual Exclusion Gifts

Many financially secure individuals choose to share the  wealth during their lifetime through estate planning gifts.  These gifts can have the advantage of reducing estate taxes while permitting the donor to enjoy seeing the benefits of their gifts during their lifetime. Rules Read More

Buy-Sell Agreements Are Important to Business Succession Planning

Buy-Sell Agreements are important to business succession planning for many business owners. When might you consider a buy-sell agreement as part of your estate and business succession planning? If you own a portion, but not all, of the business, your Read More

Property Held In Trust for the Benefit of Episcopal Church

The real property dispute between Episcopal Diocese of Georgia and the oldest church in Georgia ended on May 21, 2012.   The real property of Christ Church Savannah is held in trust for the benefit of Episcopal Church. On May 21st a Rule 46 Read More

Avoid Probate Use a Trust – Call Hindson & Melton

Many clients come to Hindson & Melton LLC seeking to avoid probate and use a trust as part of your estate plan.  Often, a financial advisor has recommended you avoid probate as part of a financial review. There is a lot of confusion about probate Read More

Income Tax Bracket 2012

Do you know your income tax bracket 2012?  Often in an estate planning or financial planning session, you will be asked your current income tax bracket. For 2012, if you are married filing jointly or surviving spouse: Taxable income between $0 Read More

Estate Taxes 2012

Everyone wants to know about estate taxes 2012 and beyond.  Congress has increased the exemption from federal estate tax 2012 to $5 million – at least until the end of 2012, when the exemption is currently due to expire.  (The exact exemption Read More

South Carolina Estate Planning

Hindson & Melton LLC is a premier Charleston-area provider of estate planning, wills, trusts, and probate administration legal services.   We offer a full range of estate-planning instruments and services for individuals and families interested in preserving their own, or their parents’ assets. Read More

Long Term Care Insurance Tax Deductions

Many people consider purchasing long term care insurance to help preserve assets for the future and their estate.  Did you know that a portion of your annual long term care premiums are tax deductible for 2012? For 2012, the amount you may Read More

Irrevocable Life Insurance Trust – ILIT

The irrevocable life insurance trust, or ILIT, can be a powerful estate planning tool offering significant estate tax savings.  Proper planning results in the life insurance proceeds not being included in the estate of the insured for estate tax purposes. Read More

Disclaimer: The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.