Elder Law – General
Questions asked and answered from our last workshop!
I have elderly parents with modest assets. Is it possible to protect any of those assets? What is the financial impact of parents moving into my home for care? Do I have liability as their Power of Attorney? Is it possible to use Veterans Benefits for their care in my...
When is it too late to protect assets when qualifying for Medicaid?
Quick answer: when all (or almost all) of your assets are spent down and you’re qualified for Medicaid benefits.Until that time, there are usually opportunities for some savings.Most people are aware that Medicaid provides benefits for long term stays in skilled...Questions asked & answered at yesterday’s “Estate Planning Essentials” workshop
Can I protect assets for my heirs? How can I avoid court and family disputes? How can I set up a trust? Is it true that “probate” costs a lot? Should I avoid probate? If I have no children or trustworthy people in my life, who can I appoint as my agent or executor?...Questions asked & answered at last night’s “Estate Planning Essentials” Workshop
Can my estate plan help my heirs pay less taxes? What is probate and should I avoid it? Are Pennsylvania’s estate planning documents legal in other states? Do you need to have a lot of money to make a trust worthwhile? How can I protect assets from potential long term...“Observation” status for Medicare patients: what to do about it
Here is an issue that comes up again and again with Medicare patients who go to the hospital. You think you have been admitted, only to find out that the hospital has classified you under “observation” status. It makes an important difference in how...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.
