How can I protect my assets during probate?

Protecting your assets during probate in South Carolina can be achieved through careful planning and guidance from a qualified attorney. The two main ways to protect your assets are by creating a will and setting up a trust. A will can provide clear instructions for how you would like your assets to be distributed after you pass away. This can help to avoid lengthy holdups in court and probate disputes. Additionally, the will can designate someone you trust to be in charge of carrying out your wishes. Creating a trust is another way to protect your assets during probate. A trust is set up during your lifetime, and can provide instructions for how your assets should be managed and distributed after you pass away. When someone creates a trust, they name a trustee to be in charge of the trust assets, and provide instructions for who should receive the trust assets upon the death of the trustor. Additionally, the trustor can specify how the assets should be managed, and how long they should be held in the trust. By creating a trust, you can protect your assets during probate, as the trust assets will not need to go through the probate process. No matter what you choose to do in order to protect your assets during probate, it is important to consult with an experienced lawyer to ensure that your wishes will be carried out and your assets will be protected.

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How can I protect my assets during probate?

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