Posted on Thu Nov 30, 2023, on Power of Attorney
From Our “Ask a Question” Mailbag: “My mother gave me her power of attorney. My understanding is that I can now do anything for her. Is that correct? Are there things that a power of attorney cannot do?” What is a Power of Attorney? First, what is a Power of […]
Klenk Law
Posted on Sun Feb 14, 2021, on Power of Attorney
Durable Power of Attorney, often overlooked! While you may have your will or trust established for what happens to your assets after you die, you may not have thought about what happens if you can no longer make decisions for yourself. You may need someone to make critical decisions […]
Klenk Law
Posted on Sat Mar 14, 2020, on Medical Power of Attorney Living Will
From Our “Ask a Question” Mailbag: “I am worried about getting ill and my family not having the documents necessary to take care of me. What Estate Planning for Medical Emergencies do your suggest?” Estate Planning for Medical Emergencies. Hope for the best, plan for the worst. If you become […]
Klenk Law
Posted on Tue Feb 26, 2019, on Power of Attorney
From Our “Ask a Question” Mailbag: “Can you provide examples of Power of Attorneys Being Useful?” A General, Durable Power of Attorney is an essential part of every estate plan. This article assumes you know some basics about Powers of Attorney. If you are not, or would like a refresher, […]
Klenk Law
Posted on Sat Jun 9, 2018, on Power of Attorney
Medical Power of Attorney and the Primary Functions. A Medical Power of Attorney is a document. We call the signing person the principal. A principal must be a competent adult. The document directs a person that the principal trusts to act as a medical agent […]
Klenk Law
Posted on Wed Sep 7, 2016, on Power of Attorney
From Our “Ask a Question” mailbag: “I have heard stories about Power of Attorney abuse and theft. So, where do I keep my Power of Attorney?”
Power of Attorney abuse is a real problem. A typical durable general power of attorney gives your “Agent” the authority to access your accounts and sell your assets. These capabilities are essential so your Agent can take care of you. But, they are also powers that can lead to theft and fraud.
Klenk Law
Posted on Wed Aug 10, 2016, on Power of Attorney
Ask a Question” mailbag: “Can my son use my power of attorney to give away all my property?”
A Durable Power of Attorney gives your “Agent” the right to make financial decisions on your behalf during your lifetime. Each power of attorney can be unique. I need to examine your actual document to answer the question, can your son use that particular document to legally make gifts to himself, but here are some facts. A durable power of attorney can give your son the right to make unlimited gifts. In other words, your Power of Attorney could allow your son to legally leave you penniless.
Klenk Law
Posted on Fri Jun 17, 2016, on Power of Attorney
From our “Ask a Question” mailbag: “After a 10-year relationship my Partner and I have parted ways. Previously, I gave him a General Durable Power of Attorney, but now he won’t return my Power of Attorney. Can he use this to empty my bank account?”
Klenk Law
Posted on Wed Oct 21, 2015, on Power of Attorney
From our “Ask a Question” mailbag: My brother named me his agent under his Atlantic County, New Jersey power of attorney. Now my sister claims I embezzled and stole money using that power of attorney. How do I clear my name?
As agent, you are permitted to retain an Atlantic County Surrogates Court Attorney to assist you in filing a Formal Accounting of all your actions as Agent. This accounting is then provided to all interested parties, who are free to either accept the terms or object. If they file objections, you are then able to address these objections in front of a judge. In the end, the judge then rules on the evidence presented.
Klenk Law
Posted on Tue Sep 15, 2015, on Power of Attorney
From our “Ask a Question” mailbag: I have signed a General Power of Attorney giving my girlfriend the power to act for me, but I don’t want her to have it yet. I only want her to have it when (and if) I become unable to care for myself. Should I keep it in my safe at home? We both live in Bucks County, so she is close by.
The problem with putting your General Power of Attorney in your safe is that if you become incapacitated, your girlfriend will likely be unable to get into the safe. You could give her the combination to the safe, but that runs contrary to your wish. If she has the combination, she can get to the General Power of Attorney at any time. This is a common problem.
Klenk Law
Peter Klenk is the founding member of Klenk Law, a seven 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!
"I worked for Peter Klenk for 4 wonderful years. I can’t speak highly enough of everyone at the firm. Everyone truly cares about their clients and has a strong sense of responsibility to get things done right. I would highly recommend Klenk Law!"
Flora Novick
Peter explained a complex subject very clearly, helped us to decide the best approach to managing our estate and then made it very easy for us to execute the required documents. He will be a valuable resource for years to come and clearly has a great understanding of estate law that will lead to innovative solutions for us. I would unhesitatingly recommend him for estate planning.
I saw four lawyers and was told by all of them; I should just forget contesting my mother's will. I knew what happened, but it is very hard to prove undue influence. I contacted the Law Offices of Peter L. Klenk & Associates. Attorney Amanda DiChello took my case. They were very honest and upfront about what would be involved trying to prove what I knew was true. Attorney DiChello may be young but she is extremely knowledgeable and skilled. She listened and understood what I conveyed to her. She knew exactly what information to use and crafted an outstanding interrogatory and many powerful depositions. Attorney DiChello understood the various emotional feelings this case created for my family and me; she was always there for us with a kind and encouraging word. We went to trial. The amount of work which she and her Paralegal did for the trial was incredible. They both knew my case inside and out! Attorney DiChello's powerful interrogative and thinking skills produced a positive outcome. Attorney DiChello did what other seasoned lawyers said was impossible!
Mr. Klenk, quickly understood the circumstances presented and provided clear and concise advice. This advice provided me with the information I required to progress the case to my advantage.
When it came down to picking the right attorney to handle my affairs, I knew right away it was this firm. From speaking to their secretary to speaking to Peter I knew I was making the right decision. After only a few mins Peter knew right away what I was looking for and handled all my questions professionally and even gave me great feedback that put my mind at ease. All that without even giving a single penny! So of course I hired him! So far so good...
You & your staff are the best thank you for everything.
Let us put our expertise to work for you.
Free consultation within 24 hours.
