Estate Administration
Sykes Elder Law has a wealth of knowledge and experience dealing with Estate Administration as well as other Elder Law Services. We would be more than happy to discuss your situation and answer your questions; click here to contact us.
If you would like more information about Estate Administration, please review the information in the blog posts below
2016 estate tax exclusion: $5,450,000
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.No probate needed for accounts $10,000 or less
When someone dies, it’s not unusual to leave behind a bank account in that person’s name alone, rather than in an account held jointly or with a named beneficiary. Under Pennsylvania law, someone will have to open a probate estate for such accounts over $10,000. That...
What does an executor do?
After the death of a family member or friend, you find that the deceased’s will names you as the executor of the estate. What does that mean and what do you need to do? An executor has a number of important duties. The main ones are to collect and safeguard the assets...Why and how to advertise an estate (or trust) administration
You may have noticed legal notices in the newspaper, mixed in with the classified ads, as you turned pages looking for the comics. If you look closely, you will often see advertisements announcing that the Register of Wills has opened an estate in the name of someone...Same-Sex Marriages Recognized for Inheritance and Transfer Tax Purposes
Couples in same-sex marriages are entitled to the same favorable tax treatment as other married couples, for purposes of inheritance and transfer tax in Pennsylvania, according to a bulletin issued by the Department of Revenue. The bulletin implements last year’s...Do You Need Help with
Estate Administration?
Call
412-531-7123 (Western PA)
or
215-600-0250 (Eastern PA)
About Andrew Sykes
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.
