Austin Peay State University, 1989
University of Tennessee, Knoxville, 1998
New York University School of Law, LL.M. 2000
Teresa M. Klenk, a native of Ashland City, Tennessee, graduated magna cum laude from Austin Peay State University in 1989 with a degree in Accounting and Business Administration. She attended the University of Tennessee College of Law and graduated with honors in 1998. In 2000, Ms. Klenk attended New York University School of Law and received an advanced LL.M. degree in Taxation. She became a licensed Certified Public Accountant in 1990 (CPA license currently inactive) and worked as a CPA in a public accounting firm (tax and audit) and a controller/accounting manager in the manufacturing industry before going to law school.
Ms. Klenk is an experienced tax and business attorney. She is often a pivotal advisor to high net-worth individuals and companies, helping them with every aspect of their business and wealth strategy. Given her dual credentials as a CPA and tax attorney, she is often called in to handle complex, and often messy, tax matters and audits.
Ms. Klenk regularly assists clients with 1031 like-kind real estate exchanges. She has created a flat-fee service that provides clients with the same expertise of national 1031 exchange companies but with a down-to-earth and high-touch local experience.
Ms. Klenk also regularly helps small and medium-sized businesses with everything from start-up (whether buying a business or starting from scratch) to structuring throughout the life of the business, and then on to succession planning, transfer of the business to the next generation, or sale of the business.
Also, Ms. Klenk assists clients with a wide variety of estate planning services, ranging from simple estate planning services offered at fixed-fee prices to more complex planning services, including trusts, asset protection, lifetime gifting programs, marital planning, and charitable planning.