Skip to Content
Klenk Law

Free Consultation

Call Today: 215-790-1095

We are a Veteran Owned Business, providing 20% discounts for Veterans, First Responders, Elementary and High School teachers. Please contact us to set up a phone or Zoom meeting. Taking care of you and your family, It's What We Do!

Call Today: 215-790-1095
Free Consultation
Call Today: 215-790-1095
Free
Consultation
Klenk Law

Tag: Gifting Powers

Power of Attorney Gifting Powers Could Leave You Penniless

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.

Read More

Klenk Law

Categories

Subscribe

Free Consultation

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

By entering your phone number, you agree to receive a call or text from Klenk Law at the number provided strictly to coordinate your consultation and/or confirm your appointment. Message and data rates may apply. Reply STOP to unsubscribe or HELP for help. *See our Privacy Statement + Terms of Service below.

PRIVACY STATEMENT

"No mobile information will be shared with third parties/affiliates for marketing/promotional purposes. All the above categories exclude text messaging originator opt-in data and consent; this information will not be shared with any third parties. It is for use in setting consultation only. We will call or email you to schedule. If you receive a text, you may OPT OUT by replying STOP back to 215.790.1095"

Consent Checkbox

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!

Free Consultation

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

By entering your phone number, you agree to receive a call or text from Klenk Law at the number provided strictly to coordinate your consultation and/or confirm your appointment. Message and data rates may apply. Reply STOP to unsubscribe or HELP for help. *See our Privacy Statement + Terms of Service below.

PRIVACY STATEMENT

"No mobile information will be shared with third parties/affiliates for marketing/promotional purposes. All the above categories exclude text messaging originator opt-in data and consent; this information will not be shared with any third parties. It is for use in setting consultation only. We will call or email you to schedule. If you receive a text, you may OPT OUT by replying STOP back to 215.790.1095"

Consent Checkbox

Client Review

"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
Client Review

Areas Served:

Philadelphia PA, Allentown PA, King of Prussia PA, Montgomery County PA, Bucks County PA, Doylestown PA, Jenkintown PA, Marlton NJ, Moorestown NJ

What Our clients are saying

Klenk Law Logo
Stars

Jim Yannessa

A very friendly knowledgeable experience. I would recommend and use them again.

Klenk Law Logo
Stars

Christian Milazzo

This law firm was super helpful with answering all my questions! Huge props specifically to Riley for their enormous assist with helping me get where I needed to go. They were fantastic!!!

Klenk Law Logo
Stars

Denise Lowmaster

Our experience with Klenk Law has been exceptional. We’ve had help with estate planning and pre-nuptial agreements. They really take the time to explain everything and let us know our options. All of the staff are very professional, courteous and knowledgeable. They are very prompt with responding to calls and messages. We will continue to use them and recommend to friends and family.

Klenk Law Logo
Stars

Holger Bäuerle

We have been using Klenk law for a decade. Always good advice and fast execution. Highly recommended!

Klenk Law Logo
Stars

Var IAMPhilly

Overall I great experience with Daniella and the rest of her team to work with me for my fathers estate. Never was an issue that couldn’t be fixed. I highly recommend klenk Law firm.

Let us put our expertise to work for you.

Free consultation within 24 hours.

Phone Ringing CALL US
Write Us WRITE TO US