Trusts
Suitability of an Asset Protection Trust
When, and for whom, is it the right choice? In the past, trusts were seen primarily as a means of transferring wealth from high net worth clients to their loved ones. In recent years, innovations in trust planning have made them useful in the estates of middle-class...POAs in 2015 require greater attention to asset protection
Asset protection has grown in importance as a consideration in estate planning. Americans live longer now than ever before, and often spend more time in their senior years having diminished ability to manage their own affairs, or even to take care of themselves. As a...Why use an IRA trust?
Andrew Sykes presents “12 Cool IRA Protection Strategies” to Pittsburgh area financial advisors on October 17, 2013 Qualified retirement plans, like IRAs, can have superior advantages when left to a loved one. Chief among those advantages is the ability to...Management, Protection & Income Trust™
Most traditional estate and elder law firms ask the question, “What happens to your estate when you die?” We ask, “What happens if you live and need to pay for care?” In today’s world, much of your estate can be lost to the high cost of long term care. Do you have a...Asset Protection
One of the best ways to protect your assets is an irrevocable trust. It provides a number of benefits, including tax and gifting advantages, as well as protection against long-term care costs and other threats. At Sykes Elder Law, we can help you design a...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.
