Why You Should Update Your Estate Plan After Moving to a New State Relocating to a new state is an exciting milestone, whether it’s for a fresh start, a new job, or retirement. However, amidst the flurry of packing and unpacking, many people overlook an essential task: updating your estate plan after moving to another…
A new South Carolina law gives anyone 18 or older who is legally able to buy a handgun the right to carry it in public. 3594 as signed by the Governor on March 7, 2024, authorizes individuals who are not otherwise prohibited from possessing a firearm to legally possess a firearm openly or concealed without…
The Benefits of Asset Protection in South Carolina. You’ve worked hard to build your wealth, so it’s only natural to want to protect it. Unfortunately, life is full of surprises, and unexpected events like lawsuits, divorce, or creditor claims can quickly erode your financial security. That’s where asset protection comes in! By implementing legal strategies…
New 2023 ATF Pistol Brace Rule. The Department of Justice (DOJ) submitted its 2023 ATF Pistol Brace Rule “Final Rule” on pistol stabilizing braces to the Federal Register on January 13, 2023. Many are concerned that this new rule could turn millions of previously legally owned firearms into National Firearms Act (NFA) regulated short–barreled rifles (SBRs), and the people that possess those firearms into felons.…
A power of attorney (POA) can be an important element of planning for your elderly parent’s future. It allows another person to take action on your parent’s behalf, ensuring bills get paid and medical decisions can be made in the unfortunate circumstance that your elderly parent is unable to do those things on their own…
South Carolina open carry is now legal. Governor Henry McMaster signed into law Monday May 17th 2021 legislation that will allow a concealed weapons permit holder to carry their firearm openly while in public, legislation hailed by supporters of the Second Amendment. “Today, I signed the Open Carry with Training Act into law!” McMaster tweeted. “I…
WHAT IS A GUN TRUST? A Gun Trust is the generic term for an irrevocable or revocable trust that takes title to firearms. “Gun Trusts” are sometimes known as NFA Firearms Trusts, Firearms Trusts, or Firearms Revocable Trusts. Any legally owned firearm can be placed under a gun trust. But, these trusts are particularly applicable to weapons…
Gun Trusts in South Carolina provide important advantages to owners of NFA firearms, including: All Co-Trustees Can Use and Possess the NFA Firearms Registered to the South Carolina Gun Trust NFA firearms registered to a South Carolina gun trust can be used and possessed by more than one person. The settlor of a South Carolina…
South Carolina residents are allowed to use and possess the following types of NFA firearms and devices: Silencers Silencers (also known as suppressors or mufflers) are devices attached to or part of a barrel of a firearm or air gun that reduces audible noise and visible muzzle flash. A $200 tax is required to be…
LINK: Time To Revisit Your Estate Plan? Is it Time to revisit your estate plan? As we all know, life is full of changes and many of them require sound estate planning to make sure your loved ones are properly provided for. There are births and deaths and accidents that necessitate thoughtful and proper estate planning. A…
