Terms Used In South Carolina Code 27-1-10

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Houses, lands and other hereditaments and real estate situated or being within this State, belonging to any person indebted, (a) shall be liable to and chargeable with all just debts, duties and demands, of whatever nature or kind whatsoever, owing by any such person, (b) shall and may be assets for the satisfaction thereof and (c) shall be subject to the like remedies, proceedings and process as personal estates.