The death of a loved one can create overwhelming stress and confusion. What needs to be done and how long do I have to do it?
Our office has been settling estates for over 50 years and we pride ourselves in giving daily attention to the estates we work on in order to settle them frequently in half the time it takes other law firms. We know the probate law and how to reduce inheritance taxes and with Kay in our office how to make claims on life insurance policies and annuities. Kay also has the unique ability as an insurance agent to be able to rollover annuities into other products to protect beneficiaries from the unwelcome surprise of an income tax consequence on top of the inheritance tax cost.
We perform all of the bookkeeping, accounting, bill paying and finally preparation of the inheritance tax return and subsequent audit by the Pennsylvania Department of Revenue. We spend time each day working on estates to complete them faster and more efficiently than other firms. We work to avoid family conflict and take the burden off of the Executor or Administrator of the estate.
We provide planning which answers these and all other questions:
- Do I need a living revocable trust?
- How can I avoid the double taxation imposed by an IRA 401K or a qualified annuity in my estate?
- How can I minimize the taxes from my estate?
- Do I need a Healthcare Power of Attorney?
- Do I need a Durable Power of Attorney?
- How do I coordinate my financial affairs with my legal affairs?
Our clients have a unique advantage because we have a wealth preservation expert as well as the attorney who can make sure your estate planning minimizes your estate taxes and that the financial and legal directions are identical and function together smoothly to protect you and your heirs. No other law office in the area offers this unique service. We work with parents and their adult children to protect family assets and insure that they last for the lifetime of mom and dad and that there are funds remaining for the children.
We know how to position assets to meet unexpected medical costs which Seniors frequently have and how to sustain a Senior through the incredible cost of in home nursing care or life in the nursing home. The rules are extremely difficult and complex. Banks, financial planners and life insurance agents are not qualified to protect your retirement assets from these areas of the law because they simply do not have that training. This is why the Law Office of Daryl J. Gerber is the LAW OFFICE FOR SENIORS.
Pennsylvania has recently enacted a Healthcare Power of Attorney statute and this document is different from the previous living will with which many may be familiar. It is essential to have a carefully drafted Healthcare Power of Attorney to comply with the current law and protect family members in the event of incapacity.
The second Power of Attorney is a Durable Power of Attorney which essentially applies to all financial affairs that a person has. Without this document incapacity could result in a costly court proceeding to obtain guardianship in order to be able to handle the affairs of the senior. A Durable Power of Attorney is a must.
A carefully drafted will can avoid costly problems and delays in settling an estate. Properly drafted and planned your will can address tax issues and eliminate family disputes. It allows you to determine who receives your property and who settles your estate.
Trusts can be useful planning devises which are typically unique to each individual. In our office a trust will not be recommended simply to be able to charge more fees but only if it provides protection for our clients and fits into their Estate Plan.
The unique training and skills combined by Daryl and Kay is a powerful weapon to protect Seniors from the complexities of Medicaid law and the hundred thousand dollar ($100.000) a year cost of nursing home care. We can recommend long term care (LTC) insurance that actually works for you and can even reduce inheritance taxes. We can also transfer assets from parent to children to qualify the parent for medical assistance and protect those assets the parents worked a lifetime to accumulate so that they remain available for the parents needs and to pass on to the children. Again this planning is unique and complex and can be found nowhere else but in the Law Office of Daryl J. Gerber.
A veteran who was in active duty during a wartime conflict maybe eligible for a benefit known as Aid and Attendance. This can provide up to $2,000 per month to the veteran and if the veteran is deceased up to $1,200 for their spouse. Again there are complex requirements that have to be met in the law for qualification for this benefit and we can assist in the planning which can preserve assets and still qualify our clients for these benefits. This often makes paying for assisted living painless.
The planning we are able to do requires consideration of the Medicaid rules which are entirely different and often contradictory. It is this type of complexity which financial planners and insurance agents are unable to assist or advise.
The unique interdisciplinary skills of Daryl and Kay provide our clients with financial and legal planning resources unavailable from other financial planners or law offices. Our skills and training are dedicated solely to Seniors and our uniquely developed capability to preserve the assets of Seniors when financial hardship is only a heartbeat away is vital and invaluable. We offer a free initial consultation so there is no excuse not to enjoy the benefits of the best possible planning for Seniors to preserve their wealth.
With four decades of experience Daryl J. Gerber is able to analyze and evaluate personal injury or malpractice claims with objectivity and precision. He is then able to recommend the best possible trial experts to maximize your benefits. This service costs nothing additional to our clients. We provide a free initial consultation and discussion of the strengths and the weaknesses of any claim and provide the assurance that the enormous decision of who to trust with your claim is very simple and easy. Our experience ranges from wrongful death in automobile accidents to relatively minor injuries. Our experience in medical malpractice also included wrongful death cases as well as others involving crippling and life changing injuries.
We don't spend tens of thousands of dollars on advertising. We are simply your local resource to get you on the path to the very best law firm to handle your claim at no additional cost to you.