Setting up trust administration for a living trust
10/14/2016 | Kaplin Stewart Blog
When trying to decide how to handle real estate within the larger estate planning process, many families turn to trusts. There are multiple different types of trusts, some of which may offer a better fit for a Pennsylvania family than another. In the case of a living trust, it is important to understand how to set up the trust, and how to ease the eventual trust administration process. A living trust is one that is created during a homeowner’s lifetime, […]
Avoiding conflict during trust administration
12/18/2015 | Kaplin Stewart Blog
A great many Pennsylvania residents take a narrow approach to estate planning. They focus primarily on how to pass down assets to their intended heirs, and they give little thought to how to decrease the risk of conflict between family members. When the time comes for trust administration to take place, there can be significant infighting among surviving loved ones. Often, the problem does not lie with faulty estate planning but,instead, with a lack of adequate communication between family members […]
Trust administration can ensure care for children
9/28/2015 | Kaplin Stewart Blog
For most Pennsylvania parents, few things are more important than the safety and well-being of their children. To that end, parents will go out of their way to ensure that the needs of their children are met, especially while those children are still young. One way to safeguard against unplanned disaster is to address estate planning needs early, long before such plans are perceived as necessary. This includes planning for trust administration in the event that it might be needed. […]
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