Posted on Wed Mar 26, 2014, on Probate and Estate Administration
In Philadelphia, probate refers to a process supervised by the Philadelphia Register of Wills and the Philadelphia Orphans’ Court for transferring a deceased Philadelphian’s probate estate in accordance with the terms of the deceased’s will, or if there is no will, in accordance with the Pennsylvania Rules of Intestate Succession.
Klenk Law
Posted on Mon Mar 24, 2014, on Probate and Estate Administration
The Pennsylvania Inheritance Tax is levied against every penny of a Pennsylvania Probate Estate, so no matter how small the estate the executor will likely have to file a Pennsylvania Inheritance Tax Return.
Klenk Law
Posted on Thu Mar 6, 2014, on Estate Planning
Most states require that at the time you sign your will you have two witnesses who sign under your name. These are known as “Subscribing Witnesses”. Pennsylvania is an exception to this common practice. In Pennsylvania, you need no Subscribing Witness when you sign your will.
Klenk Law
Posted on Mon Mar 3, 2014, on Estate Planning
Simply put, a will is a writing that specifies the beneficiaries who are to inherit the testator’s assets, names a representative to administer the estate and who is responsible for distributing the assets to the beneficiaries. To be valid a testator you must have legal capacity when the will is written and follow state law.
Klenk Law
Posted on Thu Feb 27, 2014, on Probate and Estate Administration
Montgomery County probate clients sometimes believe that after filing the original Will with the Montgomery County Register of Wills, the Register will return to them the original document. Usually, this is because they have the experience of filing deeds with the Montgomery County Register of Deeds. After a deed is filed, it traditionally is mailed back to the buyer who may keep the original.
Klenk Law
Posted on Mon Feb 24, 2014, on Probate and Estate Administration
A problem for many clients suffering from illness or the ravages of old age is that they are not physically able to travel to their Chester County estate planning lawyer’s office. Pennsylvania has by statute addressed this problem by allowing lawyers to witness a client’s signature, and then take that to document to a notary and have the document notarized.
Klenk Law
Posted on Tue Feb 4, 2014, on Probate and Estate Administration
The Philadelphia Register of Wills office is tasked with probating the wills of deceased, Philadelphia residents. Probate is the process by which the will of a deceased Philadelphian is judged by the Register to be valid or invalid.
Klenk Law
Posted on Wed Jan 22, 2014, on Estate Planning
The short answer is everyone. The plan might be simple or complex, but without a plan you might not address avoidable family conflicts and tax problems.
Klenk Law
Posted on Thu Jan 9, 2014, on Estate Planning
While it is not a requirement, naming alternative beneficiaries in your will and in your beneficiary designation forms is a good idea.
Klenk Law
Posted on Mon Dec 16, 2013, on Estate Planning
Estate planning is the process of making a plan from today until your death, and if done correctly, makes plans that can benefit your heirs long after your death.
Many people mistakenly believe estate planning only involves having a will drafted by a Philadelphia estate planning attorney. While having a will is an important step, a will by itself might not be able to address all of your unique tax and family issues. A proper estate plan involves an examination of your family, any other persons or charities that you may want to benefit at your death, as well as all your assets.
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
Peter and his staff handled all of our needs in a very professional and timely matter.
Peter and his associates were a pleasure to work with. He explained the process clearly and provided assistance nearly instantaneously. Highly recommended for trusts-and-estates-related needs!
Excellent, knowledgeable team handled a complicated issue with superb results.
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!
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.
Let us put our expertise to work for you.
Free consultation within 24 hours.
