How to Verify if the Decedent Had a Valid Will or Other Estate Planning Documents in SC
Detailed Answer When someone passes away, locating their valid will or other estate planning documents ensures their final wishes guide asset distribution. In South Carolina, wills may reside with courts, attorneys, or in private safes. Follow these steps to verify the existence and validity of such documents. 1. Search the Probate Court Files South Carolina […]
Read article →How can an interested party determine if surplus funds remain after a foreclosure sale in South Carolina?
Detailed Answer After a judicial foreclosure in South Carolina, a sale often produces funds in excess of the debt, called “surplus proceeds.” An interested party—typically the former owner, junior lienholder, or judgment creditor—can follow these steps to determine if surplus funds remain and how to claim them. 1. Review the Foreclosure Case Docket Begin by […]
Read article →What rights does a life estate grant to a lifetime beneficiary and how is a remainder interest determined under SC law?
Detailed Answer What Is a Life Estate? Under South Carolina law, a life estate gives a person (the life tenant) the right to possess and use real property for the duration of a measured life—usually the tenant’s own life. The statutory framework that governs future interests, including life estates, resides in Title 62, Chapter 2 […]
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