Medicaid Planning
Sykes Elder Law has a wealth of knowledge and experience dealing with Medicaid Planning 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 Medicaid Planning, please review the information in the blog posts below.
Protecting assets from nursing home spend-down
$154,435. That is the average cost of one year of nursing care in Pennsylvania.[i]What will those costs do to a senior’s life savings in three years? Five years? How will your spouse survive financially?These are the questions that bring many of our clients to the...
7 Costliest Mistakes to Avoid When a Spouse Enters a Nursing Home
Federal law provides a number of protections for a Medicaid applicant’s spouse (also known as a “community spouse”). Problem is, too few people know of these protections and too many couples fail to take advantage of them. Result? A couple can lose tens of thousands,...
Marriage versus cohabitation for elderly couples
Clients who have found love in their senior years (after death of a loved one or divorce) often ask whether it is better to marry or simply live together (cohabitate). The question can raise complex issues in the answer will vary according to the couple’s individual...How to buy an irrevocable burial reserve for Medicaid spend-down
Many, perhaps most, Medicaid applicants buy an irrevocable burial reserve when spending down to qualify for long-term care Medicaid benefits. As with most Medicaid qualification strategies, there is a right way and a wrong way to do it. This post will address some of...When you enter a nursing home, protect your spouse!
When someone needs nursing home care, a spouse often remains at home. What will become of the spouse? If this happens in your family, I urge you to take action immediately to make the spouse more secure. I feel passionately about this issue because after many years...Do You Need Medicaid Planning?
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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.
