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Estate Planning Attorney inGlendale, SC

Did you know that one in two U.S. citizens have yet to create a plan for their estate? Just about everyone knows they need to get their affairs in order, but most people procrastinate when it comes to estate planning. It's an uncomfortable subject to think about. After all, nobody wants to ponder their death and what happens to their assets when they pass. However, working with an estate planning lawyer in Glendale, SC, protects you, your loved ones, and your assets, both while you're alive and after you have died. There isn't a perfect time to plan your estate, but there is a right time and that time is now.

We understand that there is no "one-size-fits-all" solution to your estate planning needs. That's why, at Cobb Hammett Law Firm, we make a concerted effort to speak with our clients personally so that we can create an estate plan that is as unique as they are. Our estate plans are comprehensive, cost-effective, and catered to you. That way, your family is provided if you are incapacitated or pass away.

At the end of the day, our goal is to make sure that every one of our clients leaves our office feeling less stressed and more informed. Peace of mind is valuable currency these days. Why worry about the future of your loved ones when you can use South Carolina law to ensure their stability?

Many of the clients in Glendale, SC that walk through our doors have significant questions that require serious answers. They're filled with doubt, stress, and worry. They're worried about their children, their spouse, their relatives, or all the above. They ask questions like:

  • How much does estate planning cost?
  • What kind of results can I expect?
  • How long will this process take?

If these questions sound familiar, know that you are not alone. At Cobb Hammett Law Firm, we have worked with hundreds of clients just like you. Sometimes, these clients are unsatisfied with their current estate planning attorney in Glendale, SC. Other times, they have been served with confusing papers or documents that leave them feeling overwhelmed. In either case, clients come to our office knowing they need to manage what is often a sudden, foreign situation.

The good news? We sit down with all new clients for an hour at no extra cost. We do so to get a basic sense of their situation and help steer them in the right direction. That way, they can leave our office feeling a little wiser and a lot better about the future.

Our firm specializes in several areas of estate planning and family law, including:

  • Estate Planning
  • Last Will and Testament
  • Living Wills
  • Heath Care Power of Attorney
  • Living Wills
  • Irrevocable Trusts
  • Revocable Trusts
  • Retirement Trusts
  • Special Needs Trusts

The Cobb Hammett
Difference

At Cobb Hammett, LLC, estate planning is like second nature to us. Having worked hundreds upon hundreds of cases, we have the knowledge and experience to assist with all the estate planning needs that you or your family have.

As our client, you will always work directly with your attorney. We do not pass cases off to paralegals or junior associates. Because your concerns and questions don't end when our office closes, we encourage our clients to contact us at any time.

Because we limit the number of cases we accept, we have the time and resources to truly dedicate ourselves to each of our clients. Unlike some competitors, we care about the outcome of every case because we know that our clients' future depends on it.

Estate Planning Attorney Glendale, SC The-Cobb-Dill-Hammett-Difference
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What Our Clients Say

What is Estate Planning in
Glendale, SC?

The word "estate" might make you think of a sprawling mansion in the French countryside. The truth is, you don't have to be rich to have an estate. In fact, most people already have an estate. An estate comprises the assets that a person owns like cars, bank accounts, real estate, businesses, and other possessions. Everyone's estate is different, but we all have one thing in common: none of us can take our estates with us when we die. When that does eventually happen, you will need legal instructions that state who gets what from your estate in plain terms.That, in a nutshell, is estate planning building a framework in advance that names the organizations or people that should receive your assets after you die. Planning your estate now helps make life much easier for your family down the line.

Estate Planning Lawyer Glendale, SC
A good estate plan covers more than fiscal assets, however. A comprehensive
estate plan should include the following:
  • If you have children who are minors, instructions as to who will be their guardian when you die.
  • Long-term care insurance if you suffer from an extended injury or illness.
  • Instructions that dictate what happens to you and your financial affairs if you become incapacitated before death.
  • Instructions on the transfer of your business after retirement, incapacity, disability, or death.
  • Instructions on how to provide for loved ones who might need help managing money or who need protection from creditors.
  • Probate and tax avoidance that help minimize court fees, taxes, and legal fees.
  • Planning Medicaid payments.
  • Instructions that help complete or update beneficiary designations.
  • Assist family members who have special needs without disqualifying them from government benefits.

Contrary to popular belief, estate planning isn't just for adults who are approaching retirement age. Estate planning is for everyone. After all, we're all getting older, and none of us know exactly when it will be our time to go.

The Basics of Estate Planning
in Glendale, SC

Although estate planning can be complicated, a well-rounded plan makes a huge difference in what is left to your beneficiaries. Before you start planning your estate, it's important to know a few common topics that may arise as you detail your needs.

1.

Working with a Tax Advisor and Estate Planning
Attorney in Glendale, SC

Working with a veteran estate planning lawyer is a no-brainer, but you should consider working with a tax advisor too. Your attorney's role is to help guide you through the creation of your estate planning documents. Common documents include your will, health care directives, and power of attorney. Your tax advisor will help guide you through tax issues associated with your estate planning needs.

In this relationship, you make the decisions while your attorney and tax advisor help you understand and think through the options you're considering. As a team, they will help you state your wishes clearly while minimizing mistakes and adjusting your plans as they change. Because significant savings can result from thorough, informed planning, you should seriously consider working with a tax advisor in addition to your estate planning attorney.

Law Firm Glendale, SC
2.

Maximizing
Your Estate

If there were one overriding theme of estate planning, it would be maximizing what you plan to leave behind. Thinking through how each of your assets will be distributed is crucial to your estate. Your decisions may change depending on the type of asset, its size, how old you are, and several other factors. With an attorney on your side, you will gain a thorough understanding of what actions you should take to care for your family while minimizing expenses like taxes and court fees.

Estate Planning Law Glendale, SC
3.

Inheritance, Estate,
and Gift Taxes

One of the biggest parts of maximizing what you're leaving behind is to minimize taxes. Federal taxes on estates and gifts are incredibly high. Both forms of taxes usually have exemption limits, which means you can give up to a specific amount without being taxed. Your lawyer can achieve that by using the gift tax exemption to move assets while you are still alive. This strategy maximizes how much your beneficiaries will receive.

Inheritance taxes are often based on the value of your estate and paid prior to asset distribution to your beneficiaries.

Estate Planning Attorney Glendale, SC

Choosing the Executor of Your Will

The executor of your estate plays a key role in your affairs. Their responsibilities include carrying out the terms of your will and seeing the estate settlement process through until the end. Obviously, such a role demands a qualified person. Choosing your executor isn't an easy decision. The person you select should be great at managing money, be savvy financially, and show an ability to be patient. That's because the executor is tasked with:

  • Collecting Your Assets
  • Paying Outstanding Bills
  • Submitting Tax Returns
  • Petitioning the Court for Documents
  • Distributing Assets to Your Beneficiaries

If the person that you choose as executor is inexperienced with the estate settlement process, it is recommended that they lean on an estate planning attorney in Glendale, SC for guidance. It should be noted that you may appoint more than a single executor to your estate. This is common when two individuals have complementary personalities or skill sets.

The Benefits of Estate Planning
in Glendale, SC

One of the biggest benefits of planning your estate is the peace of mind it brings to you and your family. With the help of our expert estate planning attorneys, you have the power to protect your assets, privacy, and children's welfare. You can also potentially save money on taxes or even avoid probate. By having your wishes legally documented before death or incapacity, you can minimize any impact on your beneficiaries and take control of your legacy. Without a comprehensive estate plan, you're leaving the future of your loved ones in the hands of the South Carolina court system.

With an estate plan in place, you can plan for incapacity by using a power of attorney or advanced medical directives. Doing so relieves your loved ones of the burden of asking the court for the authority to fulfill your wishes.

At Cobb Hammett Law Firm, we are committed to helping you prepare for both the expected and unexpected through years of experience and a fierce dedication to our clients. From establishing trusts to designing business succession plans, we are here to fight for you.

At Cobb Hammett we offer a "Will Package" that includes 4 necessary documents.

If a husband and wife each purchase reciprocating will packages we give a discount. Reciprocating just means the husband names the wife and the wife names the husband. Those four documents are:

  • Last will and testament
  • Healthcare power of attorney
  • Durable power of attorney
  • living will

Common Documents Included
in Your Estate Plan

As mentioned above, everyone's estate planning needs will be different. However, most plans include one or more of the following documents:

1.

Will

Your will is an essential piece of documentation and is often considered the cornerstone of a proper estate plan. Generally speaking, your will is a document that dictates the distribution of your assets after your death. Having an iron-clad will is one of the best ways to make sure that your wishes are communicated clearly. As is the case with most estate planning, it is highly recommended that you work with an estate planning attorney in Glendale, SC, to create and update your will.

The contents of a will typically include:

  • Designation of the executor, who is responsible for adhering to the provisions of your will.
  • Designation of beneficiaries the people who will be inheriting your assets
  • Instructions that dictate how and when your beneficiaries will receive assets.
  • Instructions that assign guardianship for any minor children.

Without a will in place, the State of South Carolina will decide how to distribute assets to your beneficiaries. Allowing the state to distribute your assets is often an unfavorable route to take, since the settlement process may not include what you had in mind for your survivors. Having a will drafted that reflects your wishes will prevent such a situation from happening.

Estate Planning Lawyer Glendale, SC
2.

Living Will

Despite its name, a living will does not instruct your survivors on what assets go where. Also called an advanced directive, your living will allows you to state your end-of-life medical wishes if you have become unable to communicate. This important document provides guidance to family members and doctors and solidifies certain issues like whether you should be resuscitated after an accident.

For example, it's common to direct that palliative care (care to decrease pain and suffering) always be administered if needed. Conversely, you may state that certain measures are not allowed, like CPR.

Law Firm Glendale, SC
3.

Trusts

Traditionally, a trust is used to minimize estate taxes and maximize other benefits as part of a well-rounded estate plan. This fiduciary agreement lets a trustee hold your assets on behalf of your beneficiaries. There are many ways to arrange a trust to specify when and how your assets are distributed.

With a trust in place, your beneficiaries can avoid going to probate. That means they may be able to gain access to your assets quicker than when they are transferred with a standard will. Assets placed in a trust can pass outside of probate, which will save you and your family time, money, and stress.

There are two distinct trust categories that you should be aware of: revocable and irrevocable.

Estate Planning Law Glendale, SC

Revocable Trust:

Also called a living trust, a revocable trust helps assets circumvent probate. With this trust, you can control your assets while you are still alive. These trusts are flexible and may be dissolved at any point in time. This type of trust becomes irrevocable upon your death. Revocable trusts can help you avoid the pitfalls of probate but be aware that they are usually still taxable.

Irrevocable Trust:

This kind of trust transfers assets out of your estate so that they are not taxed and do not have to go through probate. However, once an irrevocable trust has been executed, it may not be altered. That means that once you establish this kind of trust, you lose control of its assets and cannot dissolve the trust. If your primary goal is to avoid taxes on your estate, setting up an irrevocable could be a wise choice.

When drafted with the help of an estate planning lawyer in Glendale, SC, your trust can also:

Protect Your Legacy:

When constructed properly, a trust can protect your estate from your heirs' creditors. This can be a huge relief for beneficiaries who might need to brush up on money management skills.

Privacy and Probate:

Probate records are made available for public consumption. With a trust, you may have the choice of having your assets pass outside of probate court so that they remain private. In the process, you may also save money that you would lose to taxes and court fees.

Control Wealth:

Because you can specify the exact terms of a trust, you have more control over who receives your assets and when they receive them. As an example, you can set up a revocable trust so that your assets are attainable while you're alive. When you pass, remaining assets are distributed, even in complex situations involving children from multiple marriages.

The Top Estate Planning Law Firm in the Lowcountry

If you know that you need to provide for your family and loved ones after your death, it's time to develop your estate plan. With Cobb Hammett Law Firm by your side, planning your estate doesn't have to be difficult. However, it does need to be accurate and executed exactly to your wishes something that we have been helping clients achieve for years. Don't leave your legacy up to chance contact our office today and secure your future generations.

CONTACT US

Latest News in Glendale, SC

Spartanburg County Council approves funding for SPACE Glendale park project

Spartanburg Area Conservancy (SPACE) is one step closer to its goal of preserving over 1,000 acres in Glendale.Spartanburg County Council unanimously voted April 15 to approve a resolution giving $2 million from the Spartanburg County Public Access Land Bank to the project.If SPACE succeeds in acquiring the property, approximately 945-acres to the east of their Glendale Shoals and Glendale Mill properties, it will be leased and managed by Spartanburg County Parks and Recreation for 100 years and protected by a SPACE conservatio...

Spartanburg Area Conservancy (SPACE) is one step closer to its goal of preserving over 1,000 acres in Glendale.

Spartanburg County Council unanimously voted April 15 to approve a resolution giving $2 million from the Spartanburg County Public Access Land Bank to the project.

If SPACE succeeds in acquiring the property, approximately 945-acres to the east of their Glendale Shoals and Glendale Mill properties, it will be leased and managed by Spartanburg County Parks and Recreation for 100 years and protected by a SPACE conservation easement.

"The easement that will be reviewed not only by the state, but by the county as well to make sure that it meets everybody's goals, and the language within that easement will have allowances for the creation of infrastructure for passive recreation," SPACE Executive Director Sam Parrott told council members. "Welcome centers, parking lots trails, bathrooms, the facilities that anybody would need to be able to use this space well for recreation."

County Council Chairman Manning Lynch called the project a "tremendous opportunity."

"The way this fits into our overall program for outside linear parks, which are our trail systems, this is right in the middle of what will soon be the Country Club Road corridor addition to the Mary Black Rail Trail, and it will eventually end up in Clifton in one direction," Lynch said. "So, this is just an exciting piece in that whole puzzle. A great opportunity, a generational opportunity."

One vote left to fund the park

The SC Conservation Bank voted to give $3 million towards the purchase last month, so Spartanburg County Council's decision brings space to approximately $5 million towards the $25 million purchase price for the land.

SPACE has requested $20 million from the South Carolina Office of Resilience, which was founded to help mitigate future risk of flooding in the state. That vote is set for May. Closing on the property is tentatively scheduled for June, pending a favorable vote.

Acquiring the property for a green space park would be a significant win for conservation in Spartanburg County, according to SPACE Board of Trustees President Laura Stille.

"Spartanburg is now the eighth fastest growing metro area in the nation, according to US census data. Additionally, Spartanburg County has one of the lowest percentages of protected lands in the state of South Carolina at 2.6 of our total acreage, this ranks us 42nd out of South Carolina's 46 counties. This proposed project will increase the percentage of protected lands by 8%," Stille said.

While the acquisition is not anticipated to change that ranking, Stille noted, "Protecting this property forever, helps ensure that future generations — my children, my grandchildren — hopefully, know the Spartanburg that we love today and want to return to live here one day."

Samantha Swann covers city news, development and culture in Spartanburg. She is a University of South Carolina Upstate and Greenville Technical College alumna. Contact her at or on Instagram at @sam_on_spartanburg.

SPACE has sights on Glendale property for county park; land acquisition, funding in progress

A Spartanburg conservation group is eyeing close to 1,000 acres in Glendale for a public green space park.Spartanburg Area Conservancy (SPACE) has plans to purchase a 945-acre tract of undeveloped land east of Glendale Shoals and Glendale Mill properties. They are working to acquire funding for the $25 million purchase.If acquired, the property would be owned by the state, leased and managed by Spartanburg County Parks and Recreation, and protected from development with a SPACE conservation easement.For SPACE Executive D...

A Spartanburg conservation group is eyeing close to 1,000 acres in Glendale for a public green space park.

Spartanburg Area Conservancy (SPACE) has plans to purchase a 945-acre tract of undeveloped land east of Glendale Shoals and Glendale Mill properties. They are working to acquire funding for the $25 million purchase.

If acquired, the property would be owned by the state, leased and managed by Spartanburg County Parks and Recreation, and protected from development with a SPACE conservation easement.

For SPACE Executive Director Sam Parrott, the opportunity comes with some urgency because, from a conservation perspective, keeping the land as natural as possible would be helpful in the prevention of future flooding from Lawsons Fork Creek.

“With the rate of development in Spartanburg, this is our last chance to protect and create a publicly accessible greenspace of this size so close to town,” Parrott said. “We’re extremely fortunate to have this opportunity."

In March, the SC Conservation Bank voted to give $3 million towards the purchase.

In addition to the funding from SC Conservation Bank, SPACE is seeking about $2 million from Spartanburg County and has requested $20 million from the South Carolina Office of Resilience, which was founded to help mitigate future risk of flooding in the state.

Closing on the property is tentatively scheduled for June. Funding requests made to Spartanburg County Council and the SC Office of Resilience are set to be voted on in April and May, respectively.

“We still need a lot of things to go right in order to purchase this stunning property,” Parrott said. “To date, this project has received wonderful support locally and statewide. Our community’s quality of life is tied directly to the presence of, and access to, greenspaces. We’re all hopeful that we’ll be able to celebrate this as a win for local conservation and the citizens of Spartanburg County and the State of South Carolina.”

County leaders consider the creation of a park as a way to increase the quality of life for Spartanburg residents. Ideas for the park include amenities such as walking and biking trails and picnic areas.

“It helps define who we are, we’re about quality of place and quality of life,” County Councilman David Britt said. “We’ve been planning for something like this for several years, putting money into our conservation bank account, saving money to do something like this.”

If approved, it will be the first project funded by the county's conservation fund.

“It’s not often that you have the ability to preserve 1,000 acres in the county,” Britt said. “This is our Central Park in Spartanburg County … it’s one of the most beautiful properties in Spartanburg County. We want to keep it natural where people can just go out and enjoy nature.”

Samantha Swann covers city news, development and culture in Spartanburg. She is a University of South Carolina Upstate and Greenville Technical College alumna. Contact her at or on Instagram at @sam_on_spartanburg.

Drivers face 10-mile detour with closure of Clifton Glendale bridge. Here's what to know.

Structural repairs are planned for a Spartanburg County bridge that has been closed since March, according to the S.C. Department of Transportation.SC DOT spokesman Robert Kudelka said the Clifton Glendale Road bridge over the Pacolet River at Clifton Mill 2 was closed for repairs following a routine underwater inspection. A maintenance engineer said there was corrosion on steel piles in the water that support the bridge.Work has not yet started, but Kudelka said there is "an emergency procurement process" underway to...

Structural repairs are planned for a Spartanburg County bridge that has been closed since March, according to the S.C. Department of Transportation.

SC DOT spokesman Robert Kudelka said the Clifton Glendale Road bridge over the Pacolet River at Clifton Mill 2 was closed for repairs following a routine underwater inspection. A maintenance engineer said there was corrosion on steel piles in the water that support the bridge.

Work has not yet started, but Kudelka said there is "an emergency procurement process" underway to speed up repairs.

"In the next couple of weeks, DOT should be able to provide a time frame for reopening," Kudelka said Monday.

The bridge has a 48-ton weight limit and carries an estimated 1,250 vehicles a day when open.

According to the Spartanburg Area Transportation Study (SPATS), the bridge is scheduled to be replaced next year at a cost of $6.5 million.

Meanwhile, a nearly 10-mile detour is in place directing motorists to use the U.S. Highway 29 bridge to cross the Pacolet River.

Long detour for eastern Spartanburg County drivers

Resident Bill Swofford of Clifton said he hopes the bridge reopens soon. He said he and his neighbors regularly used the bridge.

"This is a major detour for people like me living in the eastern part of Spartanburg County," he said. "It's supposed to be a three-month project, but they're still looking for funding and haven't awarded it yet."

Swofford, a 60-year-old mechanical engineer, said he has had to drive to U.S. Highway 29 near the former Converse Mill to cross that bridge to visit his brother.

There is a bridge over the river at Clifton Mill 1, but he said the roads around it are narrow and in bad shape.

"We all understand the bridge was closed for our safety, but we all expect to see people working on the problem," Swofford said.

Bridge near mill redevelopment

The bridge is near the site of a major redevelopment project at the former Clifton Mill 2.

In November, Greenville developer M Peters Group announced a $60 million project to redevelop the 30-acre former mill site along Clifton Glendale Road.

The project will include a 239-unit multi-family residential development with studios, 1, 2 and 3-bedroom apartments, all with views of the Pacolet River.

The project will also include 7,000 square feet of commercial space with plans to include a riverfront restaurant and a place for kayak rentals.

Clifton Park, including the Clifton Beach area, will undergo improvements. M Peters Group will build bathhouses and picnic shelters for beachgoers and improve a small playground area at the park.

Play. Advocate. Live Well! (PAL) is also participating in the project by expanding the Daniel Morgan Trail System with an additional 4.1-mile connector between Glendale and Clifton. The county and M Peters Group will partner to provide a pedestrian bridge across the river to connect to the trail.

Clifton Mill No. 2 was built in 1888 as a part of Clifton Manufacturing Company, founded by Dexter Edgar Converse in 1880. Converse also was co-founder and namesake of Converse College.

The mill was damaged in 1903 after the flooding of the Pacolet River but was rebuilt and expanded in the 1950s. The mill operated in some capacity into the 1990s. After 124 years, the mill was demolished in 2012.

Contact Bob Montgomery at [email protected]. Please support our coverage of Spartanburg County with a digital subscription.

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Estate Planning Attorney Glendale, SC
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