Posted on Wed Feb 28, 2018, on Estate Planning
Many people think they do not need to concern themselves with “estate planning” because they believe that they do not have an “estate”. Or, people believe that their estate does not have great value. For these reasons, people put off planning for the future. Estate planning is more than just […]
Posted on Mon Dec 18, 2017, on Estate Planning
Preparing a plan for an estate is vital to ensuring one’s assets are distributed appropriately. For many children, it can be very stressful attempting to determine the wishes of a recently deceased parent. It is recommended to prepare a will while your parent is still able to express their wishes. […]
Posted on Sat Dec 9, 2017, on Estate Planning
From Our “Ask a Question” mailbag: Addresses Contract to Will. “I love my wife, but she is an Ohio State Buckeye Graduate. We have no children, and I know if I die first she will change her Will to give all our money to Ohio State. I am a Penn State […]
Posted on Sun Nov 26, 2017, on Estate Planning
From Our “Ask a Question” mailbag: “I am the first homeowner in my family, and I worry that someday my children might need to return home to collect themselves. While I am alive, I will always keep the house ready for them, but I worry about after I die. Can you […]
Posted on Sun Nov 5, 2017, on Estate Planning
From our “Ask a Question” mailbag: What Should I do with my Estate Planning Documents When Traveling? The Big Three Estate Planning Documents. When traveling, it is essential that all your estate planning documents are in order. While your estate plan might include other documents, almost every estate plan comprises three. […]
Posted on Fri Sep 8, 2017, on Estate Planning
Can Social Security Disability Be Used In Estate Planning? When you are planning your estate, consider how social security disability (SSD) can impact your survivors. The first thing you need to do is find out if you may be eligible and apply to receive benefits. If you already receive SSD […]
Posted on Thu Dec 1, 2016, on Estate Planning
From Our “Ask a Question” mailbag, a question about Estate Planning before surgery:
“I am going to have some major surgery next month. Is it a good idea to do Estate Planning before surgery? What documents do you suggest I have done?”
Posted on Sun Nov 6, 2016, on Estate Planning
Our “Ask a Question” mailbag addresses the question, how much life insurance should I have?
“I recently had a baby, and it is time to buy some life insurance. But, I feel like I am being sold rather than advised. How much life insurance should I have? Lastly, is there a general rule about how much life insurance I should have as part of my estate plan?”
Posted on Mon Oct 10, 2016, on Estate Planning
New Jersey Democrats and Republicans arrived at a deal this last week. Though not everyone is happy, making deals is what gets legislation done and an increase is such deals would be appreciated.
Posted on Mon Oct 10, 2016, on Estate Planning
From Our “Ask a Question” mailbag: Can I leave my watch collection to my son in Trust? “Over the years I have put together an extensive watch collection. My wife and I recently had a son, and I wish to leave him the collection. Can I leave him the collection in Trust? Can a Trust protect an inheritance?”
Peter Klenk is the founding member of Klenk Law, a six attorney boutique estate planning law firm. We serve clients in Pennsylvania, New Jersey, New York, Minnesota and Florida. Peter Klenk received his Masters in Taxation LL.M. from NYU Law School and his J.D. from the University of Minnesota Law School. He served his country in the Navy JAGC during Desert Storm. Easy to talk to, feel free to call Peter for an appointment. We will make the process as easy as possible!
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