Posted on Mon Apr 6, 2020, on Special Needs Estate Planning
From Our “Ask a Question” Mailbag: “How can I save money for my special needs child without disqualifying him from government benefits? Do I need to create a Special Needs Trust or are there other options?” How can I save money for my Special Needs Child? If you or a […]
Klenk Law
Posted on Fri Mar 1, 2019, on Special Needs Estate Planning
From Our “Ask a Question” Mailbag: “Hi, can you give me examples of Estate Planning for the Special Needs Child?” 3 Ideas For Estate Planning for the Special Needs Child. Having a Special Needs Child brings challenges and obligations not faced by other parents. When a Special Needs Child reaches […]
Klenk Law
Posted on Fri Feb 22, 2019, on Trusts
From Our “Ask a Question” Mailbag: “Can you provide useful examples of Bucks County Irrevocable Trusts?” Irrevocable Trusts are invaluable estate planning tools. They have many uses, but explaining them can be complicated. I find that examples help learn what is unfamiliar, so I hope you find these examples helpful. […]
Klenk Law
Posted on Mon May 7, 2018, on
Trusts Become An Even More Important Part of Estate Plans Much of the world does not recognize or use trusts. Trusts are a British Common Law creation which we adopted from being a British colony. Though Great Briton and we parted company, we kept the British legal system and Trusts. […]
Klenk Law
Posted on Tue Jan 16, 2018, on
A Trust Lawyer You Can Rely On As a trust lawyer Cherry Hill NJ clients trust can explain, a will is one of the first steps in securing your financial, proprietary, and real estate assets for your family. However, it is not always enough. More planning is essential when your […]
Klenk Law
Posted on Wed May 17, 2017, on
Serving as a Trustee in New Jersey takes a lot of work. Depending on the type of trust (including special needs trusts or a minor’s trust) the role can become a full-time commitment. In fact, there are companies whose sole existence is to serve as trustees. Decisions must be made […]
Klenk Law
Posted on Wed May 17, 2017, on
Trustee fees in Pennsylvania can vary depending on many factors. Serving as a Trustee is a time-consuming job. Depending on the type of trust (including special needs trusts (or a minor’s trust) the role can become a full-time commitment. In fact, there are companies whose sole existence is to serve […]
Klenk Law
Posted on Tue May 16, 2017, on
Are Revocable Living Trusts a good fit for you? It depends. Is making handling your assets at death as easy as possible important to you? If so, a Revocable Trust makes the process as easy as possible. Would you prefer keeping your estate plan and lists of your assets private? […]
Klenk Law
Posted on Tue May 16, 2017, on
What is a Dynasty Trust? In Estate Planning, a Dynasty Trust is an Irrevocable Trust incorporated into a Will or Revocable Living Trust designed never to end, but instead continue perpetually providing for descendants. A Dynasty Trust may also be included within other Irrevocable Trusts, such as Irrevocable Life Insurance […]
Klenk Law
Posted on Tue May 16, 2017, on
What is an ILIT? An ILIT is an Irrevocable Trust created specifically to hold life insurance policies. The person who forms the trust is called the “Grantor,” and the individuals who benefit from the trust are the “Beneficiaries.” The Irrevocable Life Insurance Trust is nothing more than paper, so it […]
Klenk Law
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!
"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
You & your staff are the best thank you for everything.
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.
Peter Klenk and his associates are responsive and professional - It is a pleasure to work with their team. If you have needs in estate planning or administration, they are the firm to go to in the Philadelphia area!
Peter and his staff are very responsive and always willing to help my clients and in a cost efficient manner.
I have had Peter Klenk prepare and revise my will. Always professional, knowledgeable and offers great advice. Highly recommend
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