A regency council was installed by the Reichskammergericht at the recommendation of their mother, after she had consulted the lower nobility in the county.
The Benedictine convent at Schlüchtern had to put itself under Philipp's protection, according to different sources either in Hanau or in Steinau an der Straße, when rebellious peasants were approaching from Fulda.
This created a legal problem when Balthasar wanted to take up the regency for Philipp's sons, since his renunciation of his right to inherit and to reign was included in this draft treaty.
Philipp II, Count of Hanau-Münzenberg died on Easter Sunday of 1529, only 28 years old, leaving three surviving children and a pregnant widow.
His funeral took place just one day later in the St. Mary's Church in Hanau, without any pump or circumstance, to spare his widow in her condition.
During the almost 200 years that Hanau-Münzenberg existed, almost all counts died before their 30th birthday, leaving a minor to inherit the county.
[citation needed] The new Hanau city gate was decorated with a portrait, carved in stone, of Philipp and Balthasar.
On 27 January 1523, Philipp II married Countess Juliana of Stolberg (15 February 1506 – 18 June 1580).