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
For 2016, the basic estate tax exclusion amount will be $5,450,000, the IRS has announced.
The annual gift tax exclusion remains at $14,000 per person per year for 2016.
These figures are contained in Rev. Proc. 2015-53 at pages 19-20.
Most people think of their estate plans as expressions of their legacy to loved ones. The last thing they want to leave is family conflict. The first step in avoiding a family fight over your estate should be obvious, but it bears repeating: have a clear and...
In the many powers of attorney I see in my line of work, one problem recurs over and over again. And it’s costing families tens of thousands, and even hundreds of thousands, of dollars in asset protection. The number one problem is inadequate gifting provisions. If...
If you need some clarity on what exactly a "durable power of attorney" is, and why it's important to have one, watch the short video below. Here I give you my thoughts on what can happen if you don't have power of attorney, and...
The founder of Sykes Elder Law, Andrew Sykes is recognized as a leading elder law authority in Pennsylvania. He is a Certified Elder Law Attorney with over 20 years of experience helping clients with estate planning, estate administration, and Medicaid planning.
