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Estate Planning Lawyer Near Me Doylestown: It’s What We Do!

Posted on Tue Apr 16, 2019, on Estate Planning

From Our “Ask a Question” Mailbag: “As an estate lawyer near me Doylestown, can you explain the estate planning documents suggested for someone getting married?”

Estate Planning When Children Live Far Away

Peter Klenk, Estate Planning Lawyer, an Estate Planning Lawyer Near Me Doylestown.

Estate Planning and Marriage.

Planning a wedding can be exciting and exhausting. While making the many necessary decisions, you can easily overlook addressing your estate plan. This can be a costly mistake. Marriage is many things. Marriage is most certainly a financial arrangement. With your vows come legally binding obligations. Put aside the decisions about venues, DJs, and where to sit that odd cousin and let’s talk estate planning. 

Estate Planning Before the Wedding.

  • Prenuptial Agreements: The second you are married the law assigns your spouse legal rights against your assets. Thus, whether you like it or not, you will always have a prenup. Either the court or you will determine the terms. It is better to have you define the conditions rather than some future judge. Prenups are common.  They address financial arrangements should you divorce or die.  The best time to sort out these details is before the wedding. If you cannot come to a business agreement when you are both happy and in love, then you may wish to give your relationship a second look. Economic issues are one of the most common stressors that cause failed marriages. Address these issues early and agree.  For more information, follow this link, Prenuptial Agreement Lawyer.  Why not have this conversation with an Estate Planning Lawyer Near Me Doylestown?

Estate Planning After the Wedding.

Now that you are married, you are an emotional and financial team. You likely rely on each other and, should one of you become incapacitated or die, your team needs a plan. 

  • What if One of You Dies? The Will.  Should you or your spouse dies, is the house protected from creditors? Have you decided on a guardian for your minor children? Do you have protective trusts set up for your spouse and children? An unexpected death is devastating, but don’t let it prove financially fatal. Set up a plan for your team. Have your team ready, and able to work with an Estate Planning Lawyer Near Me Doylestown.
  • What if One of You Is Incapacitated? 
    • A Power of Attorney. Car accidents and illnesses happen every day. If you are left unable to manage your assets, can your spouse speak for you? For example, say you both own the house, and your spouse wants to sell the home because he or she is unable to pay the mortgage without your income. Without a power of attorney granting your spouse the authority to sell your share, your spouse cannot sell the house. A Power of Attorney gives your spouse the ability to act for you financially. Most spouses want the Spouse-Agent to act if they are incapacitated. Therefore, we are often instructed to give the Power of Attorney to the Spouse-Agent ONLY if the client is incapacitated. This method allows you to have a Power of Attorney in case you ever become incapacitated, but the Agent has no access to it meanwhile.
    • Living Will and Medical Power of Attorney.  A medical power of attorney allows your spouse the ability to speak for your medical care. Further, it prevents other family members attempting to exert their opinions.

In Conclusion: Estate Planning Lawyer Near Me Doylestown.

Every married couple needs an Estate Plan. A detailed plan is especially vital when you have children. 

Let our Estate Planning Lawyers help walk you through what can be a confusing process. To begin with, call to speak to one of our Estate Planning Attorneys.  By all means, our lawyers are ready to answer your questions. In fact, feel free to contact our office for a free consultation. Ultimately our goal is to make the process as painless as possible!

Wills, Trusts, Probate, and Estate Litigation, It’s All We Do!

Estate Planning Lawyer Near Me Doylestown.

It’s What We Do!

Tags:

Estate Planning, Estate Planning Attorney, Estate Planning Lawyer, Married Couple, Prenup, Prenuptial Agreement Attorney, Prenuptial Agreement Lawyer

Peter KlenkPeter Klenk

What Our clients are saying

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Brian M.

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.

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Sharon S.

I contacted Peter through his website using the free consultation link for a question regarding a will. While I was expecting only a few minutes, it was a lengthy conversation. He made sure he understood the situation by asking many questions before offering advice. He then went through my options and results of each one. He left it up to me to decide if I wanted to proceed and did not push me toward one or another. His website has very useful information which I definitely researched before I called him. While I decided not to proceed at this time, I feel I had enough information to make that decision. I would not hesitate to hire him should I need to in the future.

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Tom Mettinger Sr.

Integrity, exceeding the client's expectations. In-depth knowledge of the law

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Anne W.

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!

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Ian Marchant

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.

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