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Estate Planning During Coronavirus Philadelphia, PA  Estate Planning During Coronavirus Philadelphia, PA

If you are considering an attorney who can help you with estate planning during coronavirus Philadelphia, PA offers, you should reach out to Klenk Law today. We know that times may feel uncertain right now and that you want to do everything you can to ensure your family is safe and that you can take care of them in the best way possible. If you are unsure about planning your estate, we understand the hesitation. However, there is no better time to start estate planning than right now. We know we can make this process go smoothly for you, help you understand the benefits of estate planning, and help you provide for your family in the future. If you would like to start the estate planning process or if you would simply like to learn more about this process, contact our office now. 

When the news first reported that COVID-19 first responders are writing wills and taking care of their estate planning needs, the collective heart of the nation ached. Estate Planning is not the kind of planning that young, healthy adults are “meant” to do. However, their example provides an important reminder: none of us knows how much time we will have before our estate plans become urgently necessary. It is, therefore, vital to take a little time to work with an attorney to tackle your estate planning during Coronavirus. Philadelphia, PA. Residents and residents of surrounding communities can connect with the experienced team at Klenk Law for safe, reliable, informed, and compassionate assistance with this process. Philadelphia, PA estate planning during Coronavirus may be the last task you feel like tackling right now. However, it’s essential. Take steps to safeguard your interests and the interests of your family just in case.

Updating Your Existing Plan During the Pandemic

If you already have an estate plan in place, it is time to review it. Are all of your beneficiary designations current? Have you acquired or sold any significant assets since your last revision? Have your medical preferences changed if you become incapacitated or need a ventilator? Do you need to designate any guardians for minor children? Our firm can help you update your estate plan. Make sure your plan addresses your current needs and preferences.

How to Begin Estate Planning During the Pandemic

If you’ve never created an estate plan before, begin preparing for your consultation by following this link to one of our questionnaires. The questionnaires help organize your information so we can make optimal use of your free consultation.  The questionnaire enables you to organize your significant assets, including investments, retirement accounts, and real estate. It also helps you think about whom you would like to leave these.

If you become incapacitated as a result of injury or illness, what kind of medical procedures will you authorize?  Also, which will you refuse? Is there anyone you can trust to make medical, financial, business, or general decisions on your behalf?  Careful planning helps make sure your wishes are carried out if you’re no longer able to make these decisions yourself. If you have minor children, who should assume guardianship over them in the event that you pass away?

These questions are undeniably tough. Yet, giving them some thought before you begin estate planning will make the process that much more efficient and effective.  During our call, we can brainstorm options, and help you arrive at a plan.   

  • Considering Your Children. If you have children, nothing means more to you in the world. If you and your spouse were both in an accident that left your children without their parents, what would happen? Who would take them to the doctor’s office? Which trusted person would pick them up from school? Who would comfort them in the middle of the night if they have a nightmare? You don’t want your children to end up in the hands of Child Protective Services. Instead, estate planning can help you name precisely who will take care of your children. 

  • Help Your Family Avoid Bad Decisions.

    You may not have considered what will happen to you if you are in a bad accident or if you are in a coma. Do you have a plan for life support? Who will be making these decisions? You don’t want to simply leave this burden up to your loved ones. Instead, you can make the decision and arrangements on their behalf. 

  • Help When You Are Incapacitated.

    Another thing that estate planning can help you with is planning for the possibility of becoming incapacitated. A trauma may make it impossible for you to manage your financial affairs and when this is the case, you want to make sure you have someone you can trust in charge of healthcare and financial decisions. This will not only save your family emotional distress, but it will help ensure you still have a voice when you are unable to speak for yourself. 

Legal Assistance Is Available

If you have never completed an estate plan or your current estate plan needs revisions, don’t hesitate to connect with our firm in Philadelphia, PA. Our approach is efficient, effective, and will help to safeguard your interests and your family’s interests during this challenging time and into the future. Although Philadelphia, Pennsylvania estate planning during Coronavirus can be an intimidating process, our experienced team will make it as productive and “painless” as possible; we look forward to speaking with you about your estate planning needs. 

What Our clients are saying

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Gene Link

Knowledgeable lawyers, helpful attitude, fair fees.

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Michael Wolfgang

Peter and the whole team at Klenk Law are top notch. They are thorough, efficient and understanding of client needs. He was able to tailor our estate planning needs just how we envisioned.

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Ellen G.

I have had Peter Klenk prepare and revise my will. Always professional, knowledgeable and offers great advice. Highly recommend

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A Google User

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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Stars

Klenk Law is an exceptional practice. Their fine lawyers and staff team up to produce excellent results for their clients. They excel at explaining the often cryptic laws and policies that govern estate planning right down to the complexities of the various "trust" frameworks. Peter himself manages each client together with his great team, and he has a rare quality to be both a walking encyclopedia of planning minutia and also one of the most likable lawyers I have ever had the pleasure of dealing with. He is truly generous in intellect and in his personal approach to getting the "big picture" for complex family structures. I trust him implicitly to help me make the right choices for the future. In short, Klenk Law is a gem of a firm.

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