Estate Planning
Sykes Elder Law has a wealth of knowledge and experience dealing with Estate 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 Estate Planning, please review the information in the blog posts below.
Why you should have a will
If you are an adult with some assets and a loved one or two, you should have a will. At a minimum, your last will and testament expresses your wishes about how your assets will be passed on to your survivors. But it can also serve as the vehicle for other important...
Why every adult should have a POA
Having a power of attorney (or POA) is at least as important as having a will. That’s the opinion I’ve come to after 24 years helping individual clients and families in private practice. As people’s lifespans have increased, many spend more years than ever with a...
7 reasons to update your will or trust
Estate planning documents don’t expire with time like a gallon of milk, but they do become obsolete when circumstances change. Having up-to-date documents is essential, but how do you know when it’s time to make a change? Here are some of the top reasons to...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...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.
