The hit television series "Modern Family" is a favorite among viewers and critics alike. Many in Philadelphia tune in every week to watch the antics of the Dunphy family. A recent article used the family dynamics at play on the show to illustrate the various estate planning options that many modern families face in the real world.
The patriarch of the family is married to a much younger woman. She has a child from a previous marriage, while he has two adult children from a previous marriage. In terms of estate planning needs, this couple would likely focus on long-term care planning, as it is likely that the wife will long outlive her husband. As for inheritance matters, things become more complex, as the husband likely wishes to provide for both his new wife and his adult children.