WHAT HAPPENS WHEN MY SPECIAL NEEDS CHILD TURNS 18?
by Thomas D. Begley, Jr., Esquire, CELA When a child becomes 18 years old, he or she becomes an adult. Prior to that time, the child is a minor and his or her parent is also the natural guardian and had the authority to make decisions for that child. What should a parent be thinking…
My Client Received A Personal Injury Settlement, He Is On Medicaid, Does He Need A Special Needs Trust? – Begley Report
by Thomas D. Begley, Jr., Esquire, CELA GENERAL An extremely important source of funding for medical needs for persons with disabilities is Medicaid. When a person is receiving Medicaid, the first question is whether a Special Needs Trust (SNT) is required. There are a number of pathways to Medicaid. If the individual’s Medicaid is means-tested,…
What Is Medicaid Planning?
Medicaid planning involves thinking about how to qualify for Medicaid benefits, with an eye towards preserving a family’s wealth. Long term care is a major expense for many after their retirement years. Indeed, according to recent studies, about 43 percent of people will need long-term care at some point in their lives. The cost of…
At What Age Should I Consider Long Term Care Planning?
While everyone’s situation is different, in general, once you reach 50, you should start to think about long term care planning. According to recent studies, approximately 43 percent of all people will need long-term care at some point in their lives. The cost of this care in New Jersey and Pennsylvania is high, and rising…