Car keys resting on paperwork beside a window, with a vehicle visible outside.

13 Nov An Estate Planning Option for Your South Carolina Vehicle

Posted at 14:49h in Estate Planning by

Your vehicle may not be the first thing you think about when reviewing your estate plan.  But planning for its transfer can make things easier for your family.

South Carolina now allows eligible vehicle owners to name a transfer on death beneficiary on their vehicle title.  This designation allows the vehicle to pass to the named beneficiary after the owner’s death without going through probate.  You retain ownership and control during your lifetime. 

Whether this option is appropriate depends on how your vehicle is titled and how you want it handled as part of your overall estate plan.  Even if you already have a Will or Trust, it may be worth reviewing your vehicle title to see whether this new option would be helpful. 

Patterson & Williams can assist with that review and handle the necessary paperwork on your behalf.  Our goal is to make the process straightforward for you while ensuring the designation fits your wishes.  

If you would like help with your vehicle title, contact Patterson & Williams to discuss your estate-planning options.

 

Lauren Williams is an attorney with Patterson & Williams, P.A. in Hilton Head, SC.  She can be reached at (843) 341-9300 or lauren@pwpa.law.

This post has been prepared by Patterson & Williams, P.A. for informational purposes only and does not constitute legal advice.  Information or interaction on this page should not be construed as establishing a client-attorney relationship or as legal advice.  For advice about your specific situation, please consult one of our attorneys.