MEDICARE IMPLEMENTS $2,000 PRESCRIPTION COST CAP
By: Adam Cohen, Esquire As of January 1, 2025, Medicare has implemented a significant change to its Part D prescription drug program by capping annual out-of-pocket expenses at $2,000. This initiative, part of the Inflation Reduction Act of 2022, aims to alleviate the financial burden of medication costs for millions of Medicare beneficiaries. Previously, Medicare…
USING PUBLIC BENEFITS TO PAY FOR MATRIMONIAL SETTLEMENTS – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA CASE STUDY 1: DISABLED SPOUSE—NO PUBLIC BENEFITS Bill and Linda are in their mid-30s. Linda has been diagnosed with Multiple Sclerosis and is unable to work. Bill and Linda have decided to divorce, and Linda wants alimony and an equitable distribution. Linda’s attorney succeeds in having Bill pay…
TEN COMMON MISTAKES IN SPECIAL NEEDS PLANNING
By: Thomas D. Begley, Jr., Esquire, CELA FAILURE TO START WITH A LIFE CARE PLAN. A Life Care Plan can be designed by a professional or by a parent or another family member with the assistance of professionals. The Life Care Plan should begin by identifying the future needs of the child with a disability…
PLANNING FOR CHILDREN WITH SPECIAL NEEDS AFTER WE ARE GONE – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA Planning for children with special needs is extremely important, and often completely overlooked or done haphazardly. The problem is many of our children with disabilities will be unable to take care of themselves after we are gone. As long as we are living, we will do everything necessary…