Episode Summary:
In this episode of Off the Record, attorney Rhett Burney discusses the key differences between wills and trusts in South Carolina. He explains when each estate planning tool is most appropriate, debunks common misconceptions, and provides practical advice for those considering their estate planning options.
Timestamps:
00:00 - Show Introduction
00:31 - Opening discussion
01:29 - Defining wills vs. trusts
02:21 - How to determine which option is needed
04:23 - Debunking trust misconceptions
05:31 - Tax implications discussion
06:25 - Estate planning for minor children
07:24 - Choosing a trustee
09:04 - Control over assets comparison
11:19 - Preparation tips for estate planning
14:11 - Closing remarks
About the Show:
Off the Record is a legal podcast featuring attorney Rhett Burney, who brings years of experience in family law, personal injury cases, and estate planning services. The show provides valuable legal insights for South Carolina residents, hosted by Kevin Rosenquist.
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