SPECIAL NEEDS PLANNING – PART 4
by Thomas D. Begley, Jr., Esquire, CELA [Here are links to Part 1 , Part 2 , and Part 3 .] Ten Common Mistakes in Special Needs Planning Leaving Assets Directly to Your Special Needs Child. Many parents leave a Will leaving assets outright to their children including their special needs children. This mistake renders…
COUNSELING SESSION WITH PERSONAL INJURY PLAINTIFFS
by Thomas D. Begley, Jr., Esquire, CELA In some personal injury cases the victim is receiving important means-tested Social Security Income (SSI), Medicaid, or other important means-tested public benefits. These plaintiffs require a Self-Settled Special Needs Trust (SSSNT) in order to maintain their benefits. In other situations, the plaintiff is a minor or incapacitated…
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…