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Tag: Estate Planning

Where do people get their estate planning advice?

10/21/2016 | Kaplin Stewart Blog

According to research, fewer than half of all American adults have taken the time to create a comprehensive estate plan. That leaves far too many people without the ability to direct the course of their own incapacitation care, or to hand down assets to their surviving loved ones. In order to understand why so many Pennsylvania residents have not addressed their estate planning needs, it is important to take a close look at how Americans seek and find information. In […]

Estate planning needs for families with children

9/30/2016 | Kaplin Stewart Blog

For Pennsylvania parents, few things are more important than providing for the needs of their children. From the time a new baby is welcomed into the family until long after he or she graduates from high school, parents focus on ensuring that their kids have everything they need to thrive. In terms of estate planning, parents can take steps to care for their children even in the event of a sudden and tragic loss. One of the most important components […]

Estate planning, sitcom style

9/23/2016 | Kaplin Stewart Blog

When it comes to celebrities making¬†plans for their¬†estates, many of the examples provided revolve around what not to do. However, a recently published article takes an unusual approach to the topic of celebrity estate planning. The piece focuses on the fictional families featured in the hit television series “Modern Family.” That show is a great catalyst for discussion on the matter, as there are several different family types featured in the storyline, just as there different types of families in […]

Estate planning for parents of addicts or alcoholics

9/9/2016 | Kaplin Stewart Blog

The urge to take care of one’s children remains strong in the lives of Pennsylvania parents long after kids have reached the age at which they should be taking care of themselves. For parents who have adult children struggling with addiction, the desire to help them through those challenges can feel overwhelming. Estate planning becomes a far trickier proposition for these families who must balance the desire to provide an inheritance to their child with the need to avoid playing […]

Failure to have strong estate planning measures may backfire

8/11/2016 | Kaplin Stewart Blog

In Pennsylvania and elsewhere, the accepted premise is that anyone with an average number of assets needs to have an estate plan. There are many horror stories of substantial losses or inconveniences suffered by people who did not have an estate plan or who did not keep it updated. Partial estate planning can also leave a void that comes back to haunt the benefactor or the family later on. For a married couple, the failure to have an estate plan […]