Financing Long-Term Care in New Jersey 2021 – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA Statistics show that approximately 70% of the population age 65 or over will require someform of long-term care. Some will be there for relatively short periods of time. These are usually stroke or accident victims or surgery patients who are doing rehabilitation. A significant percentage will remain in…
New Study Reveals Medical Dangers of Isolation
[Originally published in the NAELA eBulletin] Those who are socially isolated are over 40% more likely to have a cardiovascular event, such as a heart attack or stroke, than those who were socially integrated, new research has shown. The German study, presented May 23, 2020 at the European Academy of Neurology (EAN) Virtual Congress, found…
Here’s What You Should Know About Planned Giving – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA CASE STUDY: PLANNED GIVING TECHNIQUES HELP DONOR ACHIEVE ESTATE PLANNING GOALS Joe Generous feels indebted to his alma mater because the education he received there changed his life in so many gratifying ways. Joe has always made modest annual gifts to the university. He would like to give more, but hesitates to do so…
What Are the Benefits of Bloodline Trusts – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA CASE STUDY 1: INHERITANCE PARTIALLY LOST IN EQUITABLE DISTRIBUTION Bill and Linda have a daughter, Sally, who marries Harry. While Harry is attractive and likeable, he has difficulty holding a job, and he is a poor money manager. Harry also likes to spend money lavishly, mostly on himself, rather than on Sally…