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Is a Revocable Living Trust Right for Me?

Posted on Tue Mar 11, 2014, on Revocable Trusts and Living Trusts

If you are reading this Article, someone has likely told you that you need or should have a “Revocable Trust” or a “Living Trust”. In fact, you might have been told a horror story about what will happen if you do not have a Living Trust. You also might have attended a seminar where you were told that a Living Trust is a cure-all, and that for a certain dollar amount someone will draft a Revocable Living Trust for you and give it to you in a handsome, faux leather binder.

Is a Revocable Living Trust Right for you? Let me first give you some quick thoughts, then debunk some Revocable Living Trust myths and half truths. Finally, lets talk about the good things a Revocable Living Trust can do so you can deduce if the cost of setting up a Revocable Living Trust makes sense for you.

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What Happens to the Original Will after it is filed with the Montgomery County Register of Wills?

Posted on Thu Feb 27, 2014, on Probate and Estate Administration

Montgomery County probate clients sometimes believe that after filing the original Will with the Montgomery County Register of Wills, the Register will return to them the original document. Usually, this is because they have the experience of filing deeds with the Montgomery County Register of Deeds. After a deed is filed, it traditionally is mailed back to the buyer who may keep the original.

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Chester County Clerk of Orphans’ Court Goes Above and Beyond

Posted on Mon Feb 24, 2014, on Probate and Estate Administration

A problem for many clients suffering from illness or the ravages of old age is that they are not physically able to travel to their Chester County estate planning lawyer’s office. Pennsylvania has by statute addressed this problem by allowing lawyers to witness a client’s signature, and then take that to document to a notary and have the document notarized.

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How Do I Start My Estate Planning?

Posted on Sat Feb 15, 2014, on Estate Planning

Every journey starts with the first step, and your estate planning begins with assembling information and answering questions. Your estate plan’s complexity will depend on many factors, including your family and its unique set of circumstances, the type and value of your assets, your overall financial plan and your ideas on how you would like to divide what remains of your estate at your death.

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What Does a Gloucester County Will Do?

Posted on Sat Jan 25, 2014, on Estate Planning

If you are a resident of Gloucester County, New Jersey, and have executed a valid New Jersey will, that will dictates the distribution of the property you owned at your death. The will is not limited to your property within Gloucester County, and will determine who receives your property no matter where it is located throughout the world.

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Peter Klenk & Associates is my go-to firm for estate planning and advice in probate and estate administration. Peter and his attorneys are top-notch and exceptionally responsive. Peter has the knack of being able to explain extremely complex tax and estate planning issues in a manner that clients are easily able to understand and comprehend allowing them to confidently make important decisions.

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I have worked with Peter Klenk & his associates for some time now and I have found them to be ultra-qualified, knowledgeable and diligent about their work. I highly recommend them.

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