USING ANNUITIES IN MEDICAID PLANNING
MEDICAID PLANNING The use of annuities in Medicaid Planning is a viable Medicaid Planning strategy. Long-term care is expensive and one of the best ways to pay for it is through Medicaid. Medicaid limits the countable assets of the individual Medicaid recipient to $2,000. If the Medicaid recipient is married, the healthy spouse, known…
IMPORTANT THINGS TO KNOW ABOUT SELF-SETTLED SPECIAL NEEDS TRUSTS
by Thomas D. Begley, Jr., Esquire, CELA and Emily M. Schurr, Esquire A Self-Settled Special Needs Trust (SSSNT), also referred to as a First-Party Special Needs Trust or a (d)(4)(A) Trust or (d)(4)(C) Trust, is commonly used in connection with personal injury settlements, inheritances, equitable distribution, or the receipt of alimony or child support. …
Financing Long-Term Care in New Jersey – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA Statistics show that approximately 70% of the population age 65 or over will require some form of long-term care. Long-term care can be received at home, in an assisted living facility, or in a nursing home. A statistic widely quoted is that the average stay in a long-term…
2025 Special Needs Alliance Disabilities Handbook
If you have a loved one with a disability who’s approaching adulthood or if you are you helping a family navigate legal, financial, or care-related transitions, this handbook is for you. The 2025 Special Needs Alliance Disabilities Handbook is an incredible free resource designed to guide self-advocates, parents, guardians, and professionals through some of the…