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.