People in South Carolina should make sure that they review their estate plans every few years. They should also reexamine their plans if they experience a significant life event, such as a divorce.
Credit card debt can hang around for a long time. Now, just how long it takes a person to pay off a credit card balance depends on the situation. This includes how big the debt is and how much money a person puts each month towards paying it off. A recent analysis though paints a picture of the average amount of time it takes to pay off credit card debt in different parts of the county.
For anyone getting a divorce, alimony may be a significant part of the equation. The court may order one spouse to make payments to the other. Up until the new tax law takes effect, alimony is a tax deduction for the payer and the recipient pays taxes for it. However, that is changing significantly.