Posted on Wed Feb 27, 2019, on Estate Planning
From Our “Ask a Question” Mailbag: “Hi, can you give me examples of Estate Planning When Children Live Far Away?” 2 Ideas of Estate Planning When Children Live Far Away. Most people with adult children depend on them in their estate plan. But, special planning is needed if children live […]
Klenk Law
Posted on Wed Feb 13, 2019, on Trusts
Estate Planning Lawyer Allentown, PA A trust is a written agreement that lists the rules for how a person wants his or her property to be distributed after passing on. Those who have never written a trust before may have no idea where to begin. If a person were to […]
Klenk Law
Posted on Sun Feb 10, 2019, on Revocable Trusts and Living Trusts
From Our “Ask a Question” Mailbag: “Can you provide examples of Revocable Trusts being used successfully?” Examples of Revocable Trusts Being Used Successfully: To begin, I am assuming that you are somewhat familiar with Revocable Trusts. If you are not, or if you wish to refresh your memory, follow this […]
Klenk Law
Posted on Wed Dec 19, 2018, on Probate and Estate Administration
From Our “Ask a Question” Mailbag: “Please give me Examples of Avoiding Probate.” Examples of Avoiding Probate: Avoiding Probate with a Revocable Living Trust. Mr. Philadelphia had his Estate Planning Lawyer draft a Revocable Living Trust. Mr. Philadelphia served as the sole trustee during his life and moved all […]
Klenk Law
Posted on Sat Nov 10, 2018, on Revocable Trusts and Living Trusts
New Jersey Trust Lawyer Divorce can be a huge adjustment not only for you but for your children as well. The life you once knew is likely to change completely. During this time, you will be making a number of changes to your life. Unfortunately, it’s not uncommon for people […]
Klenk Law
Posted on Sun Nov 26, 2017, on Estate Planning
From Our “Ask a Question” Mailbag: Keeping the Family Home in the Family Most Recently Updated August 10, 2018. “I am the first homeowner in my family, and I worry that someday my children might need to return home to collect themselves. While I am alive, I will always keep […]
Klenk Law
Posted on Fri Nov 3, 2017, on Revocable Trusts and Living Trusts
From our “Ask a Question” Mailbag: Pros and Cons of a Living Trust Most Recently Updated August 10, 2018. Pros and Cons of a Living Trust A living trust is just like a will. It is a legal document. It spells out all of their desires regarding assets, dependents, and heirs. […]
Klenk Law
Posted on Mon Dec 12, 2016, on Revocable Trusts and Living Trusts
Our “Ask a Question” mailbag addresses a question about Amending a Revocable Trust. “Is amending a Revocable Trust difficult? How do I go about amending a Revocable Trust I formed in 1998, as I have some necessary updates?”
Klenk Law
Posted on Thu Nov 3, 2016, on Revocable Trusts and Living Trusts
From Our “Ask a Question” mailbag: “After being diagnosed with early-stage Alzheimer’s, I have been thinking about forming a Revocable Trust. Who pays the income tax on a Revocable Trust?”
A Revocable Living Trust can be a reliable tool in helping you manage your assets while suffering from Alzheimer’s. But, you should plan carefully and implement checks and balances.
Klenk Law
Posted on Fri Sep 9, 2016, on Revocable Trusts and Living Trusts
From Our “Ask a Question” mailbag: “I have been diagnosed with early stage Alzheimers. I have heard that setting up an “unfunded trust” for long-term care might be a good idea. What is an unfunded trust and how is a trustthat is unfunded useful?”
When planning for Alzheimers, the term “unfunded trust” refers to a Revocable Living Trust which you set up but in which you currently put no assets. Because it is currently not “funded” with any assets, we call it an “unfunded trust.”
Klenk Law
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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!
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"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
The whole process of ensuring that I can provide my mother her wishes upon her death, was made easy by working with the team at Klenk Law. I received my documents quickly and properly.
Extremely professional services with courteous, responsive communication. Would recommend to anyone.
Fantastically easy and efficient team to work with getting our wills done. We will use Klenk again in the years to come. I highly recommend Peter Klenk.
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.
We had an excellent experience. Everyone was very personable, professional and efficient.
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