Trust Law Articles | Sykes Elder Law Pittsburgh

Certified as an elder law attorney by the National Elder Law Foundation under authorization of the Pennsylvania Supreme Court

Certified as an elder law attorney by the National Elder Law Foundation under authorization of the Pennsylvania Supreme Court

Trusts

Asset Protection Trust: How Does It Work?

Asset Protection Trust: How Does It Work?

If you are retired and want to minimize financial risk, ensure financial security, and preserve your wealth, you may want to consider an asset protection trust. An asset protection trust is a great way to keep your assets safe from unnecessary nursing home spend-down,...
What is Medicaid Planning?

What is Medicaid Planning?

This blog post is the fourteenth and final chapter of a series entitled “How to Qualify for Medicaid in Pennsylvania.” This blog post focuses specifically on Medicaid Planning. Qualifying for Medicaid can be confusing and complicated, but this guide helps explain it...
Estate Recovery – What Happens After Death?

Estate Recovery – What Happens After Death?

This blog post is the thirteenth chapter of a series entitled “How to Qualify for Medicaid in Pennsylvania.” This post focuses specifically on Pennsylvania’s estate recovery program. Qualifying for Medicaid can be confusing and complicated, but this guide helps...
Tips to Beat Income Tax on Retirement Accounts

Tips to Beat Income Tax on Retirement Accounts

3 Tips to Beat Income Tax on Retirement AccountsWhen doing estate planning, can you get more out of your retirement accounts for your heirs?These days clients commonly have large portions of their estates in retirement accounts. Many have contributed to their accounts...
5 Useful Features for an Asset Protection Trust

5 Useful Features for an Asset Protection Trust

When designing a trust to protect assets against nursing home spend-down, lawsuits, scam artists, undue influence from family or acquaintances, or other hazards, we use certain features over and over again. These features make the trust more user-friendly, allowing...
Asset protection: saving your house with a trust

Asset protection: saving your house with a trust

For many middle class seniors, the house is one of their major assets – sometimes the most valuable asset. I’m often asked, “How do I save my house from being lost to nursing home costs?” The answer in many situations is through the use of an asset protection trust...