Estate Attorney Cherry Hill, NJ
At some point or another in a person’s life, they may start to think about the legacy they want to leave behind. An estate attorney in Cherry Hill, NJ from Klenk Law can help you finalize your estate plan, and make sure that your final wishes will be honored after your passing. We can empathize with the stress and sensitivity associated with planning for what will happen after you are no longer here. An estate plan can also help reduce the confusion of your loved ones after you pass on. Clear instructions for your estate can be comforting for them. An estate attorney in Cherry Hill, NJ from our legal team can also suggest tax saving advantages that will be of great benefit to your heirs.
One important goal of an estate plan is to help prepare your loved ones in the event you are deceased or become incapacitated. The assistance of an estate attorney in Cherry Hill, NJ from Klenk Law can help you avoid mistakes. Otherwise, these errors can cause great frustration and stress for your family down the line along with possible legal consequences.
In this article, we have provided tips on what to be aware of when writing your will. We want you to feel more confident in the handling of your assets after your passing. However, an estate attorney from our firm can oversee your estate plan from start to finish. We can make sure it is complete and will be legally recognized. Below are some of the most common mistakes people can make when it comes to finalizing their estate plan.
Common Mistakes:
- Spelling errors or grammatical errors which can cause a roadblock when it comes to your beneficiaries receiving their share of your assets.
- Forgetting to update the will based on significant life changes including divorce, ended friendships, or new relatives.
- You are appointing an executor of your will who is unsuitable or unable to fulfill their duties. They may not understand their role or may be negligent when handling your assets and the responsibilities associated with overseeing your estate.
- Not listing a guardian for children while they are minors.
- Hiring an inexperienced estate attorney to oversee your estate plan can result in incorrect tax advice and substantial financial losses for your heirs.
- Not including at which age children should receive their inheritance.
- Incorrect execution of the will or estate plan.
- Not granting someone power of attorney if you then become unable to communicate or make responsible decisions.
- Delaying removing a beneficiary once a relationship changes.
- Not listing a backup plan in case a primary beneficiary were to pass before receiving their share of the assets.
Contact an Estate Attorney in Cherry Hill, NJ from Klenk Law
Writing an estate plan can be not only confusing but time-consuming. An estate attorney in Cherry Hill, NJ from Klenk Law can address your questions or concerns. We provide a free introductory consultation. Call us to make an appointment with an estate attorney Cherry Hill, NJ families trust.
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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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
Areas Served:
Philadelphia PA, Allentown PA, King of Prussia PA, Montgomery County PA, Bucks County PA, Doylestown PA, Jenkintown PA, Marlton NJ, Moorestown NJWhat Our clients are saying
Sydney Magerman
Daniella was fantastically wonderful. A joy to be around and filled our conversations with so much educational knowledge. I’ve learned so much from her about being a great person and I can’t wait to work with her again
Keith Austin
The Klenk team smoothly helped my family with the often thick and cumbersome estate planning documents. We would recommend them for this type of work! Thank you, Klenk Law!
Bill Cass
My wife and I were thoroughly satisfied. We had very clear explanations of complicated subjects.
Callista O “Callista O” Chukwunenye
I knew I needed to update my Estate Planning documents created 15 years ago, yet I kept putting it off. Peter, in his no pressure way nudged me to finally check it off my list. The admin staff of Klenk law were very respectful and responsive in working with me to set up dates and times that work for me to talk with Peter over the phone regarding what I wanted to update. Peter answered my questions and explained some things to me. This helped me on some of my estate decision. After our phone talk, I received a draft of the updated documents, and was allowed ample time to review them prior to a final review with Peter over the phone. This pre-signing reviews made the in-person signing time very short. I would highly recommend Klenk Law, because Peter and his staff were professional but friendly, and thorough in the estate planning work they did for me. Thank you, Peter!
Michelle Schamis
Peter explains things in a practical way to help guide you through a rather daunting process. We have been using Klenk Law for years. Highly recommend.
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