From Our “Ask a Question” Mailbag: “What are the major tax changes for 2025?”“ Major Tax Changes for 2025 Including Some Updates. Each year brings fresh hope for a better, brighter new year. And changes to the tax code. What is new and exciting in the world of taxes? I […]
Dealing with Crooked Executors and Trustees Hello. It’s Peter Klenk, of Klenk Law. And once again, we’re getting together to talk about death and taxes—everybody’s favorite subjects. These are things that come up that we can’t avoid, and that we all should be dealing with. So, let’s talk […]
Estate Planning and a New Baby: What You Need to Know Hello. It’s Peter Klenk from Klenk Law, here to talk with you again a little about death and taxes. Today’s subject is planning for the new baby. Estate planning is essential for anyone with a child under the […]
Does an executor have to show accounting to beneficiaries? Hello, everybody. It’s Peter Klenk. We’re gonna talk a little bit more about death and taxes. Today’s subject is about accounting. Specifically, does an executor have to show an accounting to the beneficiaries? This is an issue that comes up […]
Why 30-Somethings Need a Will (and Other Things, Too) Hello everybody. It’s Peter Klenk. And let’s talk a little bit more about death and taxes. So today, the subject is estate planning for thirty-somethings. Why do thirty-somethings need a will, or estate planning in general? I know estate planning […]
Dealing with a Harassing Beneficiary: Guidance for Executors and Trustees Hello, Peter Klenk here from Klenk Law. Let’s talk a little bit more about taxes, everybody’s favorite subject. Today, we’re going to talk about what to do if the beneficiaries of an estate are harassing an executor, or if […]
From Our “Ask a Question” Mailbag: “I want to make the process as easy as possible for my children when I die. I live in Philadelphia, and my children all live out of state. Are Philadelphia Revocable Trusts useful for avoiding probate?” Using Revocable Living Trust in Philadelphia (or anywhere […]
From Our “Ask a Question” Mailbag: “My wife and I live in Philadelphia but own a New Jersey Shore home. I have been told that when we die because the vacation home is out of state, our children need to go through probate in both Philadelphia and New Jersey. Is […]
From Our “Ask a Question” Mailbag: “My husband may have an illegitimate child from before he met me. Would this child inherit from my husband and take away from my other children’s inheritance? How can I protect my family from the possibility of a claim from an illegitimate child in […]
From Our “Ask a Question” Mailbag: “I want to start giving cash gifts to my children and grandchildren yearly. I know there is a Gift Tax Exclusion amount I can give away over my lifetime without paying any tax, but I am not sure how the Gift Tax works. How […]
