Posted on Fri Mar 1, 2024, on Estate Planning
From Our “Ask a Question” Mailbag: “My mother gave me a cash gift early this year. Do I need to report this on my income tax return? Is a gift subject to income tax?” Is a Gift Subject to Income Tax? At the end of the year, it is not […]
Klenk Law
Posted on Thu Mar 31, 2022, on Uncategorized
It is very common for people to believe that estate planning is only for the wealthy. Here’s why that’s not true, and why it matters to you. When anyone—not just a wealthy person—creates an estate plan, they are empowering themselves by taking control over crucial decisions in their life. These […]
Klenk Law
Posted on Fri Mar 25, 2022, on Revocable Trusts and Living Trusts
Can I Revoke or Terminate a Revocable Living Trust? A revocable trust is flexible, so it remains a popular estate planning choice for individuals and families. Unlike an irrevocable trust, you can add or remove assets held in a revocable trust at any time. Furthermore, the trustee is you, most […]
Klenk Law
Posted on Fri Mar 25, 2022, on Uncategorized
A trust may seem like a fairly straight-forward document; simple errors can interfere and potentially invalidate what would have otherwise been a smooth transfer of property and assets. We have seen how mistakes can be made regarding a trust. Klenk Law encourages anyone considering updating or creating a trust to […]
Klenk Law
Posted on Fri Mar 25, 2022, on Uncategorized
What Use is a Revocable Living Trust? When considering the most appropriate option for clearly outlining your wishes, one tool is a revocable living trust New Jersey families rely on from Klenk Law. There are several estate planning options available. When choosing the right type of trust for you and […]
Klenk Law
Posted on Fri Mar 25, 2022, on Uncategorized
The majority of contested estates and wills occur because one or more family members are not happy with how the decedent’s estate is to be distributed – more specifically – how that distribution will affect them directly. Making sure your family understands the reasons for your decisions and respecting those […]
Klenk Law
Posted on Fri Mar 25, 2022, on Uncategorized
One of the main purposes of this meeting is to not only tell the attorney about the case but to make decisions about hiring the probate attorney. Bring a list of questions to ask the attorney about his or her experience. Questions may include how long the attorney has practiced […]
Klenk Law
Posted on Fri Mar 25, 2022, on Uncategorized
Whether you are planning for your future or in the process of resolving the estate of a loved one, it may be in your best interest to enlist the assistance of Philadelphia probate attorneys you can trust. Our team at Klenk Law knows the process of probate can seem not […]
Klenk Law
Posted on Mon Jan 24, 2022, on Uncategorized
If the idea of preparing a will feels overwhelming, know that you are not alone. For many people, it is a daunting task to not only create a legal document, but have to think about a time when you are no longer here with those you cherish most. Writing a […]
Klenk Law
Posted on Fri Jan 7, 2022, on Uncategorized
If you’ve been named a trustee, you should get in touch with a trust administration lawyer. Trust administration is a serious process, and if you fail to follow all the steps in accordance with the last wishes of the decedent, you could be sued. As a trust attorney, like one […]
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
Always professional and very responsive. Everyone on the staff that I have worked with. I look forward to continuing our relationship.
Fantastic customer service. Very personable and most importantly they provide great explanations of what is required based on your individual needs. Highly recommend Klenk Law for anyone that needs to create a will and estate documents.
Peter is a model attorney who puts his clients first at all costs. His extensive expertise in estate planning and tax planning was a great comfort as we began, and have expanded, our family. He is very thoughtful, generous, and quick witted. His approach towards his business has been an inspiration to his peer group, and his zest for life is extremely infectious. Without reservation, I highly recommend Peter as trusted and cherished counsel
Excellent, knowledgeable team handled a complicated issue with superb results.
We recently used Peter's firm to update our wills and trusts. We found he and his staff to be well-informed, professional and highly efficient. And equally valuable, Peter explains the law in terms that a layperson can readily understand.
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