If you contact an estate planning lawyer in Montgomery County, Pennsylvania, you’re making a smart move by planning ahead and being prepared. Planning your estate is an important process, wherever you are in life. It’s important to be prepared for any eventuality, and having the proper paperwork in order in case of an extreme emergency can spare your loved ones undue stress, confusion, and anger in a time that’s already difficult for them.
Many of us prefer not to think about why we need wills, but the reality is, planning an estate properly isn’t something we do for ourselves – it’s something we do for our loved ones. Without a proper will in place, you’re setting your loved ones up for a complicated and difficult ordeal after passing, an ordeal that just makes grief worse and can strain relationships between family, friends, and other beneficiaries.
Negotiating an Inheritance: The Right Way and The Wrong Way
Contacting an estate planning lawyer to draft a will means sparing your family and friends an entire ordeal upon your passing. Without a will, procedures for establishing durable power of attorney, and without designated beneficiaries for an inheritance, everything you have worked so hard to build during your lifetime is now in the hands of the state, which will designate a representative to distribute your assets. Ordinarily, this representative might be your spouse, but if you have ex-spouses, other family members, or children, this representative can become difficult to designate.
If you die without a will, you’re risking a legal battle for your inheritance. The representative that the state designates might not be operating in your family’s best interest, and some assets might end up where they shouldn’t. You want your family to deal with a painless process when it comes to dividing your assets among your beneficiaries, so you should always contact an estate planning lawyer in Montgomery County, PA.
What Can an Estate Planning Lawyer do for You?
An estate planning lawyer can make all the difference when it comes to distributing your assets after you die. They can help you write up a comprehensive will, and can go to great lengths to prevent any difficulties or complications that might surface when the state designates a representative. Instead, your will will be handled by someone you trust, and someone you have chosen.
Additionally, an estate planning lawyer can find ways to help you (or your beneficiaries) pay estate tax, which would ordinarily take a large amount from inheritance. Estate planning lawyers can help you plan out what happens next should you become medically incapacitated, and by working closely with you to develop a will, they can also help you decide what beneficiaries should be included.
Contact an Estate Planning Lawyer You Can Trust
Plan ahead, and contact a qualified estate planning lawyer. While you might not always be thinking about what will happen to your assets after you die, it’s important to look after your family and friends and ensure your will is as comprehensive as possible. If you’re looking for an estate planning lawyer in Montgomery County, PA, reach out to Klenk Law and get started today.
While the importance of proper estate planning is well-known, some young people still don’t believe having a will is necessary. They might think that they don’t have enough assets yet or a big enough family to necessitate an estate plan. However, having a solid estate plan is crucial for people of all ages. Even if you aren’t fully established yet, you should still consider speaking to an estate planning lawyer in Montgomery County, PA, about drafting a will.
Establishing an estate plan can be very complex, and you don’t want to do it alone. Although there is DIY software out there, it’s easy to make errors if you don’t know estate law. It’s in your best interest to consult an experienced estate planning lawyer in Montgomery County, PA, as soon as possible. A lawyer can help you establish a proper estate plan in a timely fashion. Call the Klenk Law firm today.
I was referred to Peter after my divorce to put documents together to protect my assets. He suggested a number of documents that would help protect my children and their future. Also, he put together wills, power of attorney and living wills. I initially spoke with him on the phone, he took 30-40 minutes to understand my situation and explain the benefits of having such documents. After a week or two, I met with him in his office and signed the documents. Everything else was remote phone calls and emails. He re-explained these documents and what whom to share. I am in good hands.
I'm totally satisfied with Klenk Law. Peter has a great legal mind with the personality of the guy next door.
Peter has done our family's trust and estate work since our children were born. He is not only extremely knowledgeable and honest, but makes sure that our arrangements remain current with the changing legal landscape. I would give him my highest recommendation as a professional in his field.
Peter Klenk was great in leading us in the estate planning process.He was clear in describing the various steps and what they would accomplish. We were well satisfied and pleased that we had Peter to guide us.