USING PUBLIC BENEFITS TO PAY FOR MATRIMONIAL SETTLEMENTS – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA CASE STUDY 1: DISABLED SPOUSE—NO PUBLIC BENEFITS Bill and Linda are in their mid-30s. Linda has been diagnosed with Multiple Sclerosis and is unable to work. Bill and Linda have decided to divorce, and Linda wants alimony and an equitable distribution. Linda’s attorney succeeds in having Bill pay…
PLANNING FOR CHILDREN WITH SPECIAL NEEDS AFTER WE ARE GONE – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA Planning for children with special needs is extremely important, and often completely overlooked or done haphazardly. The problem is many of our children with disabilities will be unable to take care of themselves after we are gone. As long as we are living, we will do everything necessary…
Understanding Estate Planning – Begley Report
By Thomas D. Begley, Jr. WHAT IS ESTATE PLANNING? Estate planning is the process by which an individual defines his or her goals for passing assets to beneficiaries and chooses appropriate tools and strategies for achieving those goals. The process begins with a careful analysis of one’s situation, objectives, and potential tax liability. Only after…
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 35% 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 $28 – $40 per hour or more…