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FEATURES TO BE CONSIDERED IN PERSONAL INJURY RELATED TRUSTS

by Thomas D. Begley, Jr., Esquire, CELA             There are a number of considerations when a personal injury trust is being utilized in connection with a personal injury recovery.  The types of trusts commonly used are: Special Needs Trust. A Special Needs Trust (SNT) is for an individual receiving, or who may be eligible to…

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CONSIDERATIONS UNDER THE NEW JERSEY WRONGFUL DEATH ACT

by Thomas D. Begley, Jr., Esquire, CELA, and Ethan J. Ordog, Esquire             Litigating under the New Jersey Wrongful Death Act can be complex.  A number of issues must be considered.             Item number one is “Who is the plaintiff?”  When there is a Will, the plaintiff is the Executor.  When the plaintiff died intestate,…

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OPTIONS FOR HANDLING FUNDS OF A PERSONAL INJURY PLAINTIFF WHO IS A MINOR CHILD OR AN INCAPACITATED ADULT

by Thomas D. Begley, Jr., Esquire, CELA and Emily M. Schurr, Esquire             If a personal injury plaintiff receives an award or a settlement but is a minor child or an incapacitated adult, there are essentially five choices for handling the funds.  These are:  (1) deposit the funds in a Trust with a corporate Trustee,…

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SHOULD I LEAVE MY HOME TO MY CHILD WITH DISABILITIES?

by Thomas D. Begley, Jr., Esquire, CELA and Emily M. Schurr, Esquire             A home is a very special place.  Usually parents of a child with disabilities feel that their child is comfortable in that home, and they would like to leave it to that child so he or she can continue to live there. …

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