Wills & Trusts

Elder Law Associates PA is a full service estate planning firm, using wills and trusts to accomplish the best end of life plan for our clients. These documents provide for asset protection during life, asset distribution upon death and may allow the estate to avoid probate. We advise clients regarding the benefits, advantages and disadvantages of different trusts and assist clients with funding issues.

Following are some examples of documents in which we specialize:

• When drafting last will and testaments, we take all issues into consideration including choices of personal representatives; payment methods; testamentary plans; trusts for spouses, children, and pets; and pourover provisions.
• We use revocable trusts to allow our clients to avoid the probate process, provide a means for proper asset distribution and ensure the proper management of assets in the event of incapacity.
• We create irrevocable trusts to protect client assets from creditors (including Medicaid as a creditor), provide a means for asset preservation, create a vehicle to receive asset transfers, maximize tax benefits and facilitate planning for Medicaid.
• We establish supplemental care trusts within a last will and testament to provide financial support for a spouse who is or may be receiving Medicaid benefits to enhance the spouse’s quality of life while preserving the spouse’s ongoing Medicaid benefits.