Planning Well: Elder Law Services

The best time to plan it is said is right now. At Sullivan, Hess & Youngblood, P.C., we believe that the best asset protection means to plan sooner rather than later. We can help answer your questions about Medicaid planning, Medicare and long-term care planning.

The Top Five Things Every Estate Plan Needs

Since 2000 we have helped our clients protect their assets by creating plans that include the top five items every estate plan should have. These are:

  1. An irrevocable trust
  2. A pooled trust
  3. A power of attorney declaration
  4. Gift riders
  5. A health care proxy

We have also assisted numerous clients with their Medicare applications, lump-sum law suit settlements and supplemental needs trusts.

Immediate End Of Life Health care Plans

At some point every parent or aging loved one will require care. We can help with health care plans that focus on end-of-life care with a long-term range or with plans that need to be enacted immediately.

Our Extensive Estate Tax Law Knowledge

Unlike firms with a broad scope of services, our lawyers are focused on the practice areas in which we excel. One of these areas is elder law and within that crafting an effective estate plan. For well over a decade we have helped clients create trusts that incorporate expected estate and gift taxes. One of the most important ways to leave a legacy is to create a chartered plan that reduces taxes.

We can assist with:

  • Marital transfers
  • Uniform gifts
  • Lifetime gifts to children
  • AB trusts
  • QTIP trusts
  • Family limited partnerships
  • Private annuities
  • QFOBI and charitable transfers

The New York law firm of Sullivan, Hess & Youngblood, P.C., serves the estate planning and elder law needs of clients in the Capital District region of Albany, NY, since 2000. Our attorneys have helped hundreds of clients prepare for a sound financial future for their families. We can help you too. For questions please call our office at 518-320-7331.