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Protecting The Home: Using Trusts To Protect Your Home From The Costs Of Long-Term Care – Begley Report

by Thomas D. Begley, Jr., Esquire, CELA INTRODUCTION Studies show that 43% of Americans will spend some time in a nursing home.  Seventy percent will require some form of long-term care be it nursing home, assisted living or home care.  The cost of this care can range from $25 – $28 per hour or more…

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The Impact Of Fundraisers On Beneficiaries With Disabilities – Begley Report

by Thomas D. Begley, Jr., CELA CRISIS AND KINDNESS In times of crisis, people often show just how caring humanity can be.  Major humanitarian relief efforts respond to large-scale natural and unnatural disasters.  Strangers donate time and money to individuals injured in tragic accidents.  Often, the first instinct when you learn that someone is hurt…

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Vacation Area Homes: Tax and Management Issues – Begley Report

By: Thomas D. Begley, Jr., Esquire, CELA CASE STUDY 1:  VACATION HOME—NO ESTATE PLAN Harry and Sally own a vacation home on a barrier island.  They purchased the home many years ago for $50,000, and it is now worth $1 million.  Harry and Sally have two children and five grandchildren.  The children visit the vacation…

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Medicaid Applications: Why It Makes Sense To Use A Lawyer – Begley Report

by Thomas D. Begley, Jr., Esquire, CELA INTRODUCTION Medicaid applications are complex and extremely labor-intensive.  They require an enormous amount of time to collect and verify all of the necessary data that must accompany the application.  If an application is delayed for even one month because there is incomplete or incorrect information, the applicant has…

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