Are you interested in protecting your estate? Would you like to ensure your loved ones inherit your assets according to your wishes? If so, now may be the time to reach out to a lawyer. This might lead you to the question of “how can I find a will writing lawyer near me- Doylestown, PA?”
Klenk Law has helped thousands of people to plan and review their estate. We do so in a way that is affordable, strategic, and practical. At the same time, we consider debts, creditors, and parties who might not have the estate’s interest in mind. Without taking those first steps to finding a lawyer, your estate may be at risk. Should you die without a will, your estate will be considered intestate. In this case, the court will get involved and oversee everything.
If you’re thinking about drafting a will, you deserve sincere kudos. According to a Caring.com survey analyzed by Forbes and the AARP (among other prominent news outlets and respected organizations), a stunning 6 out of every 10 American adults do not yet have a will.
This statistic is alarming. Especially since none of us know when our will shall become “active.” Without a plan in place, loved ones suffer. If you’ve done a basic search, you’re also ahead of the pack. Many Americans assume that they can quickly write a will themselves using a template or by scratching rough instructions on a piece of paper and merely filing it away. This technique runs a high risk of creating an unenforceable document. Without years of practice, you can easily overlook important tax issues. These costly mistakes become apparent only when it is too late. By searching for an estate planning lawyer you’ve done what so many have yet to do – sought informed guidance that will allow your will to be legally valid, enforceable, and protective of your interests.
Estate Terms to Know About
Before searching, you should take a moment to learn about some of the primary estate terms. Familiarizing yourself with these terms can help you plan out your estate in an informed, knowledgeable manner. If you have any further questions, please call Klenk Law.
A will is a legal tool that anyone with assets should consider having. The document generally contains written instructions that dictate how their assets are to be distributed upon their death. A will may also include details such as where they should be cremated or buried, who should take care of their pets, and so forth. When you look for a lawyer, he or she can explain what is needed from you. Keep in mind that it is possible to draft a will on your own; however, if any mistake is made, your beneficiaries (or those who think they should be included in your will), could dispute the estate. Common mistakes include using the wrong word or punctuation, lack of details, failure to have a witness sign the will, and so forth.
Probate is a legal procedure that any estate with or without a will must go through. If there is no will, probate will ensue unless the estate has little to no value. The exception to probate is when the estate is held within a trust.
Probate is overseen by a Probate Court judge who will name a representative to ensure everything is handled correctly. The judge will also have the duty of making important decisions about the estate. Probate can be expensive and time-consuming. If you are searching for a will writing lawyer, and you ultimately decide that you don’t want your estate to go through the probate process, you may want to consider a trust.
Find a Will Writing Lawyer Near Me – Doylestown, PA
If you need a lawyer to write your will or estate plan, please call Klenk Law for guidance and assistance now.
Do I Need a Lawyer’s Help When Writing a Will?
For more detailed information, see my article, Estate Planning: Everything You Need to Know.
Unless you have a legal education, you are likely unfamiliar with the ins and outs of estate planning. Furthermore, Peter Klenk has a Masters in Taxation (LL.M.) from the #1 ranked NYU Law School program. Planning a will involves knowing about capital gains taxes, income taxes, inheritance taxes, and estate taxes. It takes years of practice and studies to assemble this knowledge.
As a result, you understandably might not address issues that end up harming your family. Similarly, you probably don’t know how to ensure that a will is constructed and otherwise executed so that the court will treat it as enforceable as written. Finally, you likely aren’t aware of how to legally update your will so that these updates are binding and lawfully effective, as well. There is no need for concern. Our attorneys have extensive experience with each of these matters. By consulting an estate planning attorney (as opposed to writing a will yourself), you’ll be granted peace. Know that you have completed a critically important task, and this task has not been done haphazardly. Instead, you have been efficient and effective. You worked hard to earn what you have.
Furthermore, you have a vested interest in protecting your loved ones after you’re gone. Retain an experienced attorney to write your will. You’ll serve both of these interests in enforceable ways.
Estate Planning Guidance Is Available
If you’re searching for a, “will writing lawyer near me,” you need to look no further than Klenk Law. Our experienced attorneys can craft you a valid, enforceable will efficiently. This process does not take an overwhelming amount of time, nor will it cost you a vast amount in attorneys’ fees.
Additionally, our professionals will be more than happy to assist you with any additional estate planning needs. Our attorneys have passed the bar in several states. We have offices in Doylestown, Allentown, Philadelphia, and King of Prussia and our New Jersey office readily serves clients surrounding Marlton, New Jersey. Our offices in each of those locations can accommodate your needs. You don’t need to search for a “will writing lawyer near me” in Doylestown, Pennsylvania, any longer – you’ve got Klenk Law at your service.
Critical Components to Developing an Estate Plan
While it should come as no surprise that many inadvertently put the process of estate planning off for another time, the development of well-executed estate planning documents is critical for the future. While a will is undoubtedly an essential component of the estate plan, it is not the only document that will need to be developed. Many other vital decisions will be made when planning for the future. Suppose you become incapacitated, unable to make decisions on your own, or pass away. In that case, you will need an estate plan to help guide your family and loved ones on your estate’s crucial decisions. When searching for a, “will writing lawyer near me,” our Doylestown, PA lawyers at Klenk Law will be the top firm to consider. We can help you make the necessary decisions and educate you regarding crucial components to your estate plan, including:
One of the first documents you will develop is your will. A will is a legal document that outlines a person’s wishes for how they would like their property and assets distributed after their death. The will should appoint beneficiaries for your assets, identify an executor to carry out your final wishes, and provide information regarding who will care for your children.
A trust is a document that outlines how you would like your assets distributed. When you choose a trust, assets are put into a trust account with a trustee assigned to oversee the account. In some situations, the grantor (you) can retain control over the trust until you pass away, at which point the trustee will assume control and carry out your wishes. This is a way to avoid probate and dictate how assets will be passed to beneficiaries.
Power of Attorney
A durable power of attorney can be a temporary document used throughout your lifetime and is appointed to allow another person to make financial decisions on your behalf. Medical or Healthcare power of attorney allows someone you trust to make important medical decisions should you become incapacitated and are unable to do so on your own.
A Doylestown, PA “will writing lawyer near me,” will tell you that all accounts should have designated beneficiaries assigned to them and a secondary beneficiary. Beneficiary designations should be named on all bank accounts, 401Ks, retirement accounts, and insurance policies, to name a few.
If you have minor children, guardianship designations are critical to ensuring your children are cared for by someone you trust. The last thing you want is for the court to step in and make this decision for you. You will want to choose someone who would care for your children in the best way possible. You will also want to choose a backup guardian in the event your first choice is unavailable or declines the responsibility.
Name an Executor
One crucial aspect of an estate plan is appointing an executor to carry out your wishes and resolve the estate when the time comes. They will be responsible for initiating probate proceedings, distributing assets to beneficiaries, managing debts, filing taxes, and protecting assets.
One of the most important things you can do for your family is to create an estate plan that helps to outline your wishes. Without one, your loved ones will be left to decipher what your final wishes would have been. This can naturally lead to familial conflict that may be incredibly damaging to relationships. Additionally, you will likely want to ensure that you have safeguarded all of what you have worked so hard to build throughout your lifetime. When considering where to find a Doylestown, Pennsylvania “will writing lawyer near me,” consider the services of Klenk Law.
Peter provided outstanding advice and preparation of a will and trusts.
Peter was excellent. He explained everything very clearly and is super friendly. My wife and I originally tried using a lawyer through group legal coverage, but unfortunately the old adage - "you get what you pay for" - applied to the other lawyer, and we decided to go with a real professional.
When it came down to picking the right attorney to handle my affairs, I knew right away it was this firm. From speaking to their secretary to speaking to Peter I knew I was making the right decision. After only a few mins Peter knew right away what I was looking for and handled all my questions professionally and even gave me great feedback that put my mind at ease. All that without even giving a single penny! So of course I hired him! So far so good...
AWESOME LAWYER! Peter Klenk is an exceptional attorney and a very nice person! Today I spoke with Peter about estate planning and was impressed with by his professionalism, cordiality, and attention to detail. I highly recommend Klenk Law for probates, wills, trusts, and other issues germane to estate planning!
Great friendly staff
Tremendous firm with bright, kind and tenacious people. Great representation for our family.
I'm totally satisfied with Klenk Law. Peter has a great legal mind with the personality of the guy next door.
Everything about my experience was a 10+! Peter and his staff made what I thought would be a difficult process easy and understandable. Every detail was handled correctly. No other firm could possibly do better than Klenk Law!
Peter and his staff are very responsive and always willing to help my clients and in a cost efficient manner.
Like another reviewer, I contacted Peter through his website using the free consultation link, for a question regarding PA inheritance taxes. The question was quite technical and difficult to explain, and the answer was nowhere to be found on the web. Peter grasped precisely what I was asking, and provided a clear, helpful response (with a touch of humor) the very next day.
Answered my question quickly and referred me to a colleague that could handle my problem
Mr. Klenk, quickly understood the circumstances presented and provided clear and concise advice. This advice provided me with the information I required to progress the case to my advantage.
Peter is excellent. I had a very complicated situation with my parents' estate planning and potential Medicaid needs. Peter was very knowledgeable in estate planning matters, able to define the best solution for the situation. Additionally, he was congenial and able to communicate effectively to my senior citizen parents the benefits of estate planning. He earned my trust, and more importantly, my parents' trust in a 45 mins consultation period. Highly recommend Peter. He is very easy to work with.
Peter recently gave a presentation about Wills & Trusts at my employer, and it was fantastic! He was extremely knowledgeable and provided valuable information to the group. People were very engaged and asked several questions, all of which Peter thoroughly answered. Personally, my husband and I have selected Peter to help us with our estate planning, and he has been very helpful in providing us with all of the information we need to provide a secure future for our family. Thank you, Peter!
Peter provided outstanding advice and preparation of a will and trusts.
Peter explained things in a way that was easy to understand. Everything was done in the time frame he said it. Could not have been better!
You & your staff are the best thank you for everything.
Peter and his staff handled all of our needs in a very professional and timely matter.
Peter Klenk made a complex subject understandable and allowed us to move forward with our estate planning. He was patient with our questions and creative in the solutions he proposed.
Peter explained a complex subject very clearly, helped us to decide the best approach to managing our estate and then made it very easy for us to execute the required documents. He will be a valuable resource for years to come and clearly has a great understanding of estate law that will lead to innovative solutions for us. I would unhesitatingly recommend him for estate planning.
Fantastic customer service. Very personable and most importantly they provide great explanations of what is required based on your individual needs. Highly recommend Klenk Law for anyone that needs to create a will and estate documents.
Always professional and very responsive. Everyone on the staff that I have worked with. I look forward to continuing our relationship.
Affable...yet surprisingly cerebral estate planning atty. High marks all the way around.
Peter and his associates made things easy for us.