Estate Planning Attorney inIsle of Palms, SC

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Securing Your Legacy in South
Carolina

Did you know that one in two U.S. citizens have yet to create a plan for their estate? Just about everyone knows they need to get their affairs in order, but most people procrastinate when it comes to estate planning. It's an uncomfortable subject to think about. After all, nobody wants to ponder their death and what happens to their assets when they pass. However, working with an estate planning lawyer in Isle of Palms, SC, protects you, your loved ones, and your assets, both while you're alive and after you have died. There isn't a perfect time to plan your estate, but there is a right time – and that time is now.

We understand that there is no "one-size-fits-all" solution to your estate planning needs. That's why, at CDH Law Firm, we make a concerted effort to speak with our clients personally so that we can create an estate plan that is as unique as they are. Our estate plans are comprehensive, cost-effective, and catered to you. That way, your family is provided if you are incapacitated or pass away.

At the end of the day, our goal is to make sure that every one of our clients leaves our office feeling less stressed and more informed. Peace of mind is valuable currency these days. Why worry about the future of your loved ones when you can use South Carolina law to ensure their stability?

Many of the clients in Isle of Palms that walk through our doors have significant questions that require serious answers. They're filled with doubt, stress, and worry. They're worried about their children, their spouse, their relatives, or all the above. They ask questions like:

  • How much does estate planning cost?
  • What kind of results can I expect?
  • How long will this process take?

If these questions sound familiar, know that you are not alone. At CDH Law Firm, we have worked with hundreds of clients just like you. Sometimes, these clients are unsatisfied with their current estate planning attorney in Isle of Palms. Other times, they have been served with confusing papers or documents that leave them feeling overwhelmed. In either case, clients come to our office knowing they need to manage what is often a sudden, foreign situation.

The good news? We sit down with all new clients for an hour at no extra cost. We do so to get a basic sense of their situation and help steer them in the right direction. That way, they can leave our office feeling a little wiser and a lot better about the future.

Estate Planning Law Isle Of Palms, SC
Service Areas

Our firm specializes in several areas of estate planning and family law, including:

  • Estate Planning
  • Last Will and Testament
  • Living Wills
  • Heath Care Power of Attorney
  • Living Wills
  • Irrevocable Trusts
  • Revocable Trusts
  • Retirement Trusts
  • Special Needs Trusts

The Cobb Dill & Hammett
Difference

At Cobb Dill & Hammett, LLC, estate planning is like second nature to us. Having worked hundreds upon hundreds of cases, we have the knowledge and experience to assist with all the estate planning needs that you or your family have.

As our client, you will always work directly with your attorney. We do not pass cases off to paralegals or junior associates. Because your concerns and questions don't end when our office closes, we encourage our clients to contact us at any time.

Because we limit the number of cases we accept, we have the time and resources to truly dedicate ourselves to each of our clients. Unlike some competitors, we care about the outcome of every case because we know that our clients' future depends on it.

 Estate Planning Attorney Isle Of Palms, SC The-Cobb-Dill-Hammett-Difference
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What Our Clients Say

What is Estate Planning in
Isle of Palms, SC?

The word "estate" might make you think of a sprawling mansion in the French countryside. The truth is, you don't have to be rich to have an estate. In fact, most people already have an estate. An estate comprises the assets that a person owns like cars, bank accounts, real estate, businesses, and other possessions. Everyone's estate is different, but we all have one thing in common: none of us can take our estates with us when we die. When that does eventually happen, you will need legal instructions that state who gets what from your estate in plain terms.That, in a nutshell, is estate planning – building a framework in advance that names the organizations or people that should receive your assets after you die. Planning your estate now helps make life much easier for your family down the line.

 Estate Planning Lawyer Isle Of Palms, SC
A good estate plan covers more than fiscal assets, however. A comprehensive
estate plan should include the following:
  • If you have children who are minors, instructions as to who will be their guardian when you die.
  • Long-term care insurance if you suffer from an extended injury or illness.
  • Instructions that dictate what happens to you and your financial affairs if you become incapacitated before death.
  • Instructions on the transfer of your business after retirement, incapacity, disability, or death.
  • Instructions on how to provide for loved ones who might need help managing money or who need protection from creditors.
  • Probate and tax avoidance that help minimize court fees, taxes, and legal fees.
  • Planning Medicaid payments.
  • Instructions that help complete or update beneficiary designations.
  • Assist family members who have special needs without disqualifying them from government benefits.

Contrary to popular belief, estate planning isn't just for adults who are approaching retirement age. Estate planning is for everyone. After all, we're all getting older, and none of us know exactly when it will be our time to go.

The Basics of Estate Planning
in Isle of Palms, SC

Although estate planning can be complicated, a well-rounded plan makes a huge difference in what is left to your beneficiaries. Before you start planning your estate, it's important to know a few common topics that may arise as you detail your needs.

1.

Working with a Tax Advisor and Estate Planning
Attorney in Isle of Palms, SC

Working with a veteran estate planning lawyer is a no-brainer, but you should consider working with a tax advisor too. Your attorney's role is to help guide you through the creation of your estate planning documents. Common documents include your will, health care directives, and power of attorney. Your tax advisor will help guide you through tax issues associated with your estate planning needs.

In this relationship, you make the decisions while your attorney and tax advisor help you understand and think through the options you're considering. As a team, they will help you state your wishes clearly while minimizing mistakes and adjusting your plans as they change. Because significant savings can result from thorough, informed planning, you should seriously consider working with a tax advisor in addition to your estate planning attorney.

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2.

Maximizing
Your Estate

If there were one overriding theme of estate planning, it would be maximizing what you plan to leave behind. Thinking through how each of your assets will be distributed is crucial to your estate. Your decisions may change depending on the type of asset, its size, how old you are, and several other factors. With an attorney on your side, you will gain a thorough understanding of what actions you should take to care for your family while minimizing expenses like taxes and court fees.

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3.

Inheritance, Estate,
and Gift Taxes

One of the biggest parts of maximizing what you're leaving behind is to minimize taxes. Federal taxes on estates and gifts are incredibly high. Both forms of taxes usually have exemption limits, which means you can give up to a specific amount without being taxed. Your lawyer can achieve that by using the gift tax exemption to move assets while you are still alive. This strategy maximizes how much your beneficiaries will receive.

Inheritance taxes are often based on the value of your estate and paid prior to asset distribution to your beneficiaries.

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Choosing the
Executor of Your Will

The executor of your estate plays a key role in your affairs. Their responsibilities include carrying out the terms of your will and seeing the estate settlement process through until the end. Obviously, such a role demands a qualified person. Choosing your executor isn't an easy decision. The person you select should be great at managing money, be savvy financially, and show an ability to be patient. That's because the executor is tasked with:

  • Collecting Your Assets
  • Paying Outstanding Bills
  • Submitting Tax Returns
  • Petitioning the Court for Documents
  • Distributing Assets to Your Beneficiaries
 Law Firm Isle Of Palms, SC

If the person that you choose as executor is inexperienced with the estate settlement process, it is recommended that they lean on an estate planning attorney in Isle of Palms, SC for guidance. It should be noted that you may appoint more than a single executor to your estate. This is common when two individuals have complementary personalities or skill sets.

The Benefits of Estate Planning
in Isle of Palms, SC

One of the biggest benefits of planning your estate is the peace of mind it brings to you and your family. With the help of our expert estate planning attorneys, you have the power to protect your assets, privacy, and children's welfare. You can also potentially save money on taxes or even avoid probate. By having your wishes legally documented before death or incapacity, you can minimize any impact on your beneficiaries and take control of your legacy. Without a comprehensive estate plan, you're leaving the future of your loved ones in the hands of the South Carolina court system.

With an estate plan in place, you can plan for incapacity by using a power of attorney or advanced medical directives. Doing so relieves your loved ones of the burden of asking the court for the authority to fulfill your wishes.

At CDH Law Firm, we are committed to helping you prepare for both the expected and unexpected through years of experience and a fierce dedication to our clients. From establishing trusts to designing business succession plans, we are here to fight for you.

At CDH we offer a "Will Package" that includes 4 necessary documents.

If a husband and wife each purchase reciprocating will packages we give a discount. Reciprocating just means the husband names the wife and the wife names the husband. Those four documents are:

  • Last will and testament
  • Healthcare power of attorney
  • Durable power of attorney
  • living will
Free Consultation

Common Documents Included
in Your Estate Plan

As mentioned above, everyone's estate planning needs will be different. However, most plans include one or more of the following documents:

1.

Will

Your will is an essential piece of documentation and is often considered the cornerstone of a proper estate plan. Generally speaking, your will is a document that dictates the distribution of your assets after your death. Having an iron-clad will is one of the best ways to make sure that your wishes are communicated clearly. As is the case with most estate planning, it is highly recommended that you work with an estate planning attorney in Isle of Palms, SC, to create and update your will.

The contents of a will typically include:

  • Designation of the executor, who is responsible for adhering to the provisions of your will.
  • Designation of beneficiaries – the people who will be inheriting your assets
  • Instructions that dictate how and when your beneficiaries will receive assets.
  • Instructions that assign guardianship for any minor children.

Without a will in place, the State of South Carolina will decide how to distribute assets to your beneficiaries. Allowing the state to distribute your assets is often an unfavorable route to take, since the settlement process may not include what you had in mind for your survivors. Having a will drafted that reflects your wishes will prevent such a situation from happening.

 Attorney Isle Of Palms, SC
2.

Living Will

Despite its name, a living will does not instruct your survivors on what assets go where. Also called an advanced directive, your living will allows you to state your end-of-life medical wishes if you have become unable to communicate. This important document provides guidance to family members and doctors and solidifies certain issues like whether you should be resuscitated after an accident.

For example, it's common to direct that palliative care (care to decrease pain and suffering) always be administered if needed. Conversely, you may state that certain measures are not allowed, like CPR.

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3.

Trusts

Traditionally, a trust is used to minimize estate taxes and maximize other benefits as part of a well-rounded estate plan. This fiduciary agreement lets a trustee hold your assets on behalf of your beneficiaries. There are many ways to arrange a trust to specify when and how your assets are distributed.

With a trust in place, your beneficiaries can avoid going to probate. That means they may be able to gain access to your assets quicker than when they are transferred with a standard will. Assets placed in a trust can pass outside of probate, which will save you and your family time, money, and stress.

There are two distinct trust categories that you should be aware of: revocable and irrevocable.

Estate Planning Law Isle Of Palms, SC

Revocable Trust:

Also called a living trust, a revocable trust helps assets circumvent probate. With this trust, you can control your assets while you are still alive. These trusts are flexible and may be dissolved at any point in time. This type of trust becomes irrevocable upon your death. Revocable trusts can help you avoid the pitfalls of probate but be aware that they are usually still taxable.

Irrevocable Trust:

This kind of trust transfers assets out of your estate so that they are not taxed and do not have to go through probate. However, once an irrevocable trust has been executed, it may not be altered. That means that once you establish this kind of trust, you lose control of its assets and cannot dissolve the trust. If your primary goal is to avoid taxes on your estate, setting up an irrevocable could be a wise choice.

When drafted with the help of an estate planning lawyer in Isle of Palms, SC, your trust can also:

Protect Your Legacy:

When constructed properly, a trust can protect your estate from your heirs' creditors. This can be a huge relief for beneficiaries who might need to brush up on money management skills.

Privacy and Probate:

Probate records are made available for public consumption. With a trust, you may have the choice of having your assets pass outside of probate court so that they remain private. In the process, you may also save money that you would lose to taxes and court fees.

Control Wealth:

Because you can specify the exact terms of a trust, you have more control over who receives your assets and when they receive them. As an example, you can set up a revocable trust so that your assets are attainable while you're alive. When you pass, remaining assets are distributed, even in complex situations involving children from multiple marriages.

The Top Estate Planning Law Firm in the Lowcountry

If you know that you need to provide for your family and loved ones after your death, it's time to develop your estate plan. With CDH Law Firm by your side, planning your estate doesn't have to be difficult. However, it does need to be accurate and executed exactly to your wishes – something that we have been helping clients achieve for years. Don't leave your legacy up to chance – contact our office today and secure your future generations.

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Latest News in Isle of Palms, SC

Isle of Palms City Council reviews marina lease agreement, considers allowing alcohol

ISLE OF PALMS, S.C. (WCIV) — Isle of Palms City Council held a special meeting Thursday to review the lease of the marina.The debate: whether beer and wine can be sold and consumed at the marina.Some say this wouldn't be an issue because people already drink beer by the marina and it hasn't caused any trouble. However, others believe ...

ISLE OF PALMS, S.C. (WCIV) — Isle of Palms City Council held a special meeting Thursday to review the lease of the marina.

The debate: whether beer and wine can be sold and consumed at the marina.

Some say this wouldn't be an issue because people already drink beer by the marina and it hasn't caused any trouble. However, others believe allowing beer and wine could cause concern for parents.

"It seems like every time we amend this lease, we give more to the tenant and take away from the city," said councilmember Katie Miars.

Miars is hesitant about the current lease agreement. She worries selling beer and wine could change the family friendly environment the marina holds.

"Granted, some people have a beer on the back - just like some people are going to have a beer on the beach, but when you make it legal - it becomes different," Miars said.

Still, others say they don't see a problem with allowing beer and wine.

"I do not see where this has to be that big of an issue, by allowing someone to sit there with a sandwich a fish basket, and have a beer with it, and being able to walk away satisfied," said councilman Rusty Streetman.

That's because many people say they already see beer consumption along the marina.

"So I do not personally see the issue on this is going to explode because this has been happening for the past 25 years and I have not seen this explode," said councilman Blair Hahn.

Neighbors say they just want clarity.

"The problem is the conversations have been with the restaurant, the marina store, and the council, and as a resident there has been no information," said Christine Donaven, an IOP resident.

The CEO of Coastal Marinas, Mike Schuler, is hoping to enter into this lease agreement with Isle of Palms. His goal is to cater to the community.

"In fact, we have gone to great lengths to ensure self imposed limitations on any consumption of alcohol on the premise, in what I think is a very reasonable way," Schuler said.

Some of Coastal Marina's plans include giving Isle of Palms residents better access to water, including free parking, priority access to slips, and upgrading retail offerings and operations along the marina.

A Visit to Charleston’s Isle of Palms Wild Dunes Resort

A lot has been written about the port city of Charleston, South Carolina, with its southern charm, cobblestone streets and colorful pre-war architecture.However, little might be known of the region’s coastal offerings. Just a half hour’s drive northeast of the city sits the Isle of Palms, Charleston’s resort island and home to the ...

A lot has been written about the port city of Charleston, South Carolina, with its southern charm, cobblestone streets and colorful pre-war architecture.

However, little might be known of the region’s coastal offerings. Just a half hour’s drive northeast of the city sits the Isle of Palms, Charleston’s resort island and home to the Wild Dunes Resort, encompassing 1,600 acres of Lowcountry charm and vacation leisure.

This beachside vacation getaway includes hotels, condos and waterfront homes offering short stays or longer-term seasonal rentals.

With so many options, it is the perfect choice for weddings, corporate events and family getaways. Recreational opportunities include a 36-hole golf course, designed by Tom Fazio, tennis, pickelball, bicycling and seven miles of beaches on which to play or chill. Walking and jogging paths wind throughout the island and you might even run into a family of deer on your jaunt.

Within Wild Dunes, located beachside on the north end of the Isle of Palms, two adjacent hotels include the Boardwalk Inn and the, newly-constructed, Sweetgrass Inn. Just one year old, the Sweetgrass is a Destination by Hyatt hotel offering 153 guest rooms and suites, restaurants, spa and rooftop bar.

The Nest, with its colorful Andy Davis mural, offers breathtaking views of the Atlantic and surrounding property, while sipping signature cocktails. The Shoppes of Sweetgrass are located on an adjacent walkway, comprised of restaurants, market, shops, and even an art gallery. The Gallery at Sweetgrass features regional, as well as nationally recognized artists, some in residence.

Restaurants include the full-service Coastal Provisions, located at the Boardwalk Inn, as well as the more casual pool-side Laughing Gull at Sweetgrass. Both restaurants feature their signature 7 Mile Burger and Lager, named after the Isle of Palms 7-mile stretch of beach. The Oystercatcher, in the Sweetgrass lobby, offers smaller plates and shareable dishes along with signature cocktails.

For even more casual fare, Hudson’s Café and Market provides food and drink to enjoy in your room, taking advantage of the views from your balcony. Next to Hudson’s you’ll find Coastal Crust for pizza and other Italian cuisine. Additional eateries are dotted throughout the resort, so no chance you’ll be hungry on this trip.

Nothing beats a relaxing massage while on vacation and The Spa at Sweetgrass is the perfect choice to complement the laid-back vibe of this resort. With two plunge pools, beach yoga and even an optional meditation and sound bath experience on the sand, you can indulge and immerse yourself in a calm, yet energized, state of mind. Private spa cabanas are also available for a retreat with family and friends, and the gift shop provides beautiful examples of the region as a reminder of your stay.

The opportunities for exploration are abundant. Barrier Island Eco Tours offers your choice of boat junket to Capers Island Preserve, home of bone-yard beach. The natural erosion of the shoreline has created an eerie spectacle of trees with roots exposed in bizarre shapes. You’ll glide through salt marshes with views of dolphins playing in the surf and stop to check the occasional blue crab trap, while Captain Shane describes the wondrous ecosystem.

And don’t forget downtown Charleston, where you can stroll historic King Street with its boutiques and restaurants, loaded with Southern charm and housed in architecturally diverse buildings.

A local dining favorite, Hall’s Chophouse, offers USDA Prime steaks from Allen Brothers of Chicago, as well as fresh seafood and signature cocktails. Family-owned, this gathering spot serves everything from wet-aged filet mignon to a 34-ounce Tomahawk ribeye. Of course, shrimp and grits are on the menu along with other options from the sea. A must-try is their signature Pepper Jack Creamed Corn Skillet, not to mention Whiskey Bread Pudding for dessert. Hall’s is the place to see and be seen so get your reservation early.

Shopping options are diverse, and horse-drawn carriage tours and nighttime graveyard walks are a must. The iconic Pineapple Fountain on the waterfront park is Charleston’s symbol of hospitality and an Instagram-worthy sight. Photo ops abound at every turn but don’t forget to take in the ambiance and gentile essence of the city.

It’s all about the Lowcountry culture in Charleston, Southern charm mixed with shrimp and grits and Virgil Kaine whiskey. The Gullah sweetgrass basket weavers throughout the city, the colorful houses on Rainbow Row and a hearty Lowcountry boil, all round out the vibe one gets when visiting this part of the south. The Wild Dunes Resort conveniently includes all of this laid-back charm in one sprawling location.

Travel Advisors enjoy a generous partnership through the Hyatt Prive program with commission on all bookings and exclusive offers for clients.

Fishing tournament honoring teen kicks off on National Safe Boating Week

ISLE OF PALMS, S.C. (WCBD) – National Safe Boating Week kicks off on Saturday, and Lowcountry officials are sharing tips to keep in mind before heading out on the water.According to the South Carolina Department of Natural Resources, there were 201 reported boating accidents and 21 boat fatalities in 2021.Captain Michael Paul Thomas said to always check the boat’s safety equipment like the fire extinguisher. Make sure there are enough life jackets for everyone onboard and that they fit.“Make sure that t...

ISLE OF PALMS, S.C. (WCBD) – National Safe Boating Week kicks off on Saturday, and Lowcountry officials are sharing tips to keep in mind before heading out on the water.

According to the South Carolina Department of Natural Resources, there were 201 reported boating accidents and 21 boat fatalities in 2021.

Captain Michael Paul Thomas said to always check the boat’s safety equipment like the fire extinguisher. Make sure there are enough life jackets for everyone onboard and that they fit.

“Make sure that they are proper size, that they aren’t worn out. They may have been sitting up all winter. Make sure that they are serviceable,” said Thomas.

Another tip from Thomas – boaters should let friends and family know when they plan on returning from a boating trip, so they can call for help if the deadline is not met.

Thomas recommends the driver wears a kill switch to cut off power if they fall off the boat.

Officials are stressing the importance of sober boating. They said to always have a designated driver.

With more than 339,000 registered boats last year, officials said its important to be responsible on the water.

According to DNR, there have been 49 reported boat accidents this year. One of those involved 18-year-old Logan Wood.

Wood’s family knows all too well what it’s like to lose someone in a boating accident. The teen went missing back in January when he was out boating. His body was recovered a month later.

“As much as it hurts to have him gone, at least he was doing something he loved when it happened,” said close family friend Kimberly Ambrose.

On Saturday, his family is holding a memorial fishing tournament on what would’ve been his 19th birthday. The goal of the event is to raise money to buy safety equipment for other boaters in hopes of preventing this tragedy from happening again.

“You want take something terrible and make it positive. This is a way, in his name, we can honor him and bring everyone else’s family members home,” said Ambrose.

DNR is hosting several upcoming courtesy boat inspections. Click here for more information.

Album Premiere: South Carolina Rockers Blue Dogs Share ‘Big Dreamers’

Photo by Suz FilmToday, South Carolina rock outfit The Blug Dogs released Big Dreamers, their first studio-recorded offering since 2004’s Halos and Good Buys. The anticipated album was produced by acclaimed producer, solo artist, songwriter and Grammy-winning member of Jason Isbell and the 400 Unit, Sadler Vaden.Blue Dogs were founded in Charleston, S.C. in 1987 and are led by songwriters Hank Futch and Bobby Houck, who handle bass and acoustic guitar respectively. Since forming, the duo spent t...

Photo by Suz Film

Today, South Carolina rock outfit The Blug Dogs released Big Dreamers, their first studio-recorded offering since 2004’s Halos and Good Buys. The anticipated album was produced by acclaimed producer, solo artist, songwriter and Grammy-winning member of Jason Isbell and the 400 Unit, Sadler Vaden.

Blue Dogs were founded in Charleston, S.C. in 1987 and are led by songwriters Hank Futch and Bobby Houck, who handle bass and acoustic guitar respectively. Since forming, the duo spent two decades on the road eventually slowing down in 2007 to take jobs outside of music to support their new families. Despite that, music stayed at the forefront of their minds and the desire to create an album only grew.

“We’re doing this to follow that dream of playing music and sharing our sound with whoever wants to listen,” Futch said. “We’ve probably been Americana before that became a term. But we didn’t feel like we had to be anything other than ourselves to write these songs.” Houck added, “We still have something to say. We can write good songs that we like, knowing other people will like them too. We’ve got a lot more to do, more places to play, and maybe bigger places to play. Because of this album, we get to live this dream longer than we thought.”

Big Dreamers came together when guitarist Dan Hood, steel guitar player Charlie Thompson, and longtime drummer Greg Walker joined the Flutch and Houck in the studio – former member Phillip Lammonds also joined them to co-write three of the new songs featured on the project. The LP serves as a comeback for the Blue Dogs and a full-circle moment for Vaden who collaborated with the band since he was 18 and admired their sound even before that.

“Any time I hear the Blue Dogs, it takes me home to the Carolinas. I feel like they have never gotten the recognition outside of South Carolina and the Southeast circuit,” said Vaden. “So, I hope this album can get them out there a bit more and gain some new fans who will look back at their legacy as well. These guys deserve the type of record we made.”

Vaden isn’t the only support seen on Big Dreamers, legendary Texas songwriter Radney Foster is featured on “That’s How I Knew,” which he wrote with Houck and adds background vocals on the glossy, “If Ever.” Master dobro player Jerry Douglas also assists Blue Dogs on the bluegrass-influenced “The Road You Don’t.”

To celebrate the release of the project Blue Dogs will perform a show at Isle of Palms, S.C. famed Windjammer beach stage tomorrow, June 3. Tickets are available now and can be found here. Following the album release party, Blue Dogs will continue to perform around the South through the summer and into October where they’ll perform a homecoming performance stint at North Charleston, S.C.’s Riverfront Revival Music festival.

“[‘Big Dreamers’] is written for all the family members, friends and fans that have loved and supported us and our music and helped us be big dreamers,” said Futch, tying a bow on the project. “‘Big Dreamers’ seemed to be a title that we can all relate to and embrace. Take the Big Dreamers recording wherever you go and be a big dreamer believer.”

Listen to Big Dreamers below:

Tour dates:

June 3 – Isle of Palms, SC – The Windjammer’s Kona Liquid Aloha Beach Stage

June 10 – Norfolk, VA – Norfolk Harbourfest

July 2 – Aiken, SC – Aiken Music Fest

July 8 – Columbia, SC – The Main Course

July 9 – Knoxville, TN – Barley’s Knoxville

July 10 – High Point, NC – The Revival with Paul Thorn & Friends

July 23 – Phenix City, AL – Chattahoochee Brewing

Sept. 13-17 – Nashville, TN – AMERICANAFEST

Sept. 30 – Sumter, SC – Sumter Opera House

Oct. 8-9 – North Charleston, SC – Riverfront Revival

Short-term Rental Cap On Isle Of Palm’s Horizon

By Brian Sherman for The Island Eye NewsThe Isle of Palms Planning Commission is in the process of completing work on new short-term rental regulations that are similar to those that have been implemented on Kiawah Island, according to Director of Building, Planning and Zoning Douglas Kerr. Kerr updated the IOP City Council on the Planning Commission’s proposal at the Council’s May 24 meeting. He said the Commission’s recommendations probably will be finalized June 8 and that a workshop with Council members would be ...

By Brian Sherman for The Island Eye News

The Isle of Palms Planning Commission is in the process of completing work on new short-term rental regulations that are similar to those that have been implemented on Kiawah Island, according to Director of Building, Planning and Zoning Douglas Kerr. Kerr updated the IOP City Council on the Planning Commission’s proposal at the Council’s May 24 meeting. He said the Commission’s recommendations probably will be finalized June 8 and that a workshop with Council members would be scheduled shortly after that. “What I believe they’re going to recommend is going to be a program that’s very similar to what Kiawah has successfully implemented,” Kerr told the Council.

“It is a system that establishes a maximum number of short-term rentals in areas that currently have a low number of rentals.” Kerr said the program would exempt areas that already have a fairly high number of shortterm rentals, such as Ocean Boulevard, Palm Boulevard, condominium complexes, Palmetto Boulevard in Wild Dunes and the commercial district.

All other areas would have a cap that is approximately 10% above the current number of short-term rentals.

“It gives a little bit of room. I guess growth is a bad term because it would be kind of a shuffling of numbers eventually, but it would allow some wiggle room and movement of rentals,” Kerr said.

Council Member Katie Miars asked if the plan would include some sort of exemption for residents whose family has lived in a home for an extended period of time. “It’s obviously not someone who’s coming in from the outside and using this as a business opportunity but someone who’s using it as a “keep the house” situation,” Miars stated. Kerr said the IOP Planning Commission had discussed that scenario but added that under the Kiawah model, the short-term rental license does not transfer if a house is sold. He said the next person on the waiting list would get the license. Council Member Jan Anderson asked if the plan would account for people who obtain a short-term license specifically to increase the value of the home – even though they have no intention of ever renting it.

Kerr responded that on Kiawah, there is a requirement for a certain level of rental income or at least proof that the owner is making a concerted effort to rent the house. “People with no intention of ever renting would potentially be denied the ability to get a license,” Kerr said. “The friction comes when we actually meet the cap.”

Council Member Blair Hahn suggested that the committee talk with an attorney about the issue of transferring the short term rental license.

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