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SETTLEMENT PROTECTION TRUSTS

by Thomas D. Begley, Jr., Esquire, CELA What is a Settlement Protection Trust? A Settlement Protection Trust (SPT) is a support trust designed to provide for the health, education, maintenance, and support of the beneficiary.  Support includes buying a home, a vehicle, and arranging for a case manager as appropriate.  SPTs are generally used for…

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ISSUES TO CONSIDER IN A NEW JERSEY WRONGFUL DEATH CASE

by Thomas D. Begley, Jr., Esquire, CELA New Jersey wrongful death cases can be complex.  A number of issues arise and the statutes are not always clear.  This article will discuss several important considerations.  Cases under the Wrongful Death Act have two components.  One is the wrongful death component, and the other is the survival…

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SETTLEMENT PROTECTION TRUST WITH SPECIAL NEEDS PROVISIONS: WHAT IS IT AND WHEN SHOULD I USE IT?

by Thomas D. Begley, Jr., Esquire, CELA What is a Settlement Protection Trust? Trusts are often useful devices in the settlement of a personal injury case. A settlement protection trust is a support trust designed to provide for the health, education, maintenance, and support of the beneficiary.  Support includes buying a home, a vehicle, and arranging…

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THE TWO TRUSTS SOLUTION FOR SAVING THE HOUSE IN A BIRTH INJURY CASE

by Thomas D. Begley, Jr., Esquire, CELA [Article originally published in The Barrister]  Many birth injury cases result in significant recoveries for the plaintiff(s).  As in most personal injury cases, the family usually has three wishes:  a house, a car and a trip to Disney World.  Frequently, the family is of modest means and the…

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