A recent law, the Heirs’ Property Tax Relief Act, passed last May may help provide relief to families in South Carolina addressing transfer of heirs’ property issues – which is land passed down through generations without a clear will or updated title, leaving families vulnerable during crisis. According to Aaron Dixon, a writer for WTOC, the new law could lower potential tax spikes when property is reassessed upon the splitting or the transfer of heir’s property when trying to settle ownership of inherited land. The article cites that many family members are unaware that their land is heir’s property until a death in the family, thus creating additional financial complications when dealing with the allocation and transfer of the property. The Act is intended to lower that tax burden for families of heirs’ property, thus allowing funds to go toward other expenses required to resolve heirs’ property issue. To read the full article, click the following link: New South Carolina law offers property tax relief for families dealing with heirs’ property – NewsBreak