This session provides a comprehensive update on recent legislative, regulatory, and case law developments affecting South Carolina tax and estate planning. The presentation covers new revenue rulings, procedures, and notices issued for 2025, including interest rates, safe harbor provisions for trusts with digital assets, and transitional relief for tip and overtime reporting. It also reviews cost-of-living adjustments for retirement plans, enacted legislation such as the extended rule against perpetuities, and updates to the South Carolina Department of Revenue’s website and policy manuals. The session concludes with a detailed analysis of recent state and federal court cases impacting tax, probate, and property law in South Carolina.
