Lessons to be learned from Hillary Clinton’s estate planning
7/29/2016 | Kaplin Stewart Blog
Part of the process of running for the office of the President of the United States involves disclosing one’s personal financial information. Democratic presidential nominee Hillary Clinton recently submitted her accounting of her family’s assets. Her disclosure has led to important estate planning lessons for many in Pennsylvania and beyond. Candidates are allowed to use wide value ranges to list their various assets, so the exact net worth of Bill and Hillary Clinton’s estate is not known. However, the public […]
New tower planned for Philadelphia skyline
7/29/2016 | Real Estate Blog
A local medical company is planning to erect a new tower to house its operations in Philadelphia. The first phase of construction will yield an eight-story, 250,000-square-feet, building for housing business operations, while a second phase will add another 290,000-squre-feet to the complex, expanding Philadelphia’s state of the art medical offerings.
Deciding to lease or purchase company space
7/23/2016 | Real Estate Blog
Pennsylvania entrepreneurs planning on starting a new business or have a lot to think about when it comes to the facilities they operate from. The question of whether to lease or purchase space involves many important considerations. Small business owners should assess their cash flows before making a final decision.
Trust administration can ease family concerns
7/22/2016 | Kaplin Stewart Blog
In many Pennsylvania families, leaving behind assets to loved ones is not a simple matter. Some families have spent decades amassing their wealth, but they may have children or grandchildren who do not share their same financial acumen. That can result in a scenario in which heirs squander their inheritance, sometimes emerging in even worse financial circumstances than before they received a financial windfall. For such families, the creation of trusts and professional trust administration can provide peace of mind. […]
OCC report cites concerns over real estate loans
7/22/2016 | Real Estate Blog
Commercial property prices plunged in Pennsylvania and around the country in the wake of the 2008 financial crisis, and federal regulators and watchdogs have kept a close eye on the U.S. financial sector in the years since to prevent another debt-fueled economic emergency. The Office of the Comptroller of the Currency, which is an independent bureau within the Department of the Treasury, releases two reports each year about the state of American banks, and the first 2016 report indicates that […]
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