“Exceptional circumstances” can mean more income for Medicaid spouse
One way the law protects the spouse of a Medicaid recipient is by providing for a monthly allowance of income. The “monthly maintenance needs allowance” (MMNA for short) is an amount of income allowed to the spouse each month. You can read more about how it is...
Buying a Medicaid-qualified annuity for a spouse
One of the most effective ways to protect assets for the spouse of a Medicaid applicant is through the purchase of a Medicaid-qualified annuity. First, an important disclaimer: this blog post is meant to be educational and informative, but is IN NO WAY meant to be...
Denied Medicaid due to excess resources? What to do next
If you have received a notice from the Medicaid agency saying you are ineligible because your resources are too high, you may be wondering what to do next. The answer will depend on your circumstances. (This post describes Medicaid rules in Pennsylvania, where I...
Take your IRA distributions from any account
If you own individual retirement accounts (IRAs), and you’re past the magic age of 70½, you may already be thinking about taking your required minimum distribution for 2017. Which account do you take it from, if you have more than one? By law, you can take your...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.
