HOW CAN THE BEGLEY LAW GROUP HELP ME WITH ESTATE ADMINISTRATION IN NEW JERSEY? – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA and Ethan J. Ordog, Esquire The administration of an estate by an Executor or an Administrator, often called a Personal Representative, is a complex process that can be difficult and time consuming. If the Personal Representative makes an error, he or she can be held personally liable and…
Anatomical Gifts
by Thomas D. Begley, Jr., CELA [Article originally published in Straight Word] Some clients are willing to make gifts of their bodies for medical research. The New Jersey Revised Anatomical Gift Act is found at N.J.S.A. 26:6-77 et. seq. Rutgers-Robert Wood Johnson Medical School (RWJMS) has an Anatomical Association that can be helpful in facilitating these gifts. Gifts may…
Qualified Settlement Funds – Begley Report
by Thomas D. Begley, Jr., CELA WHAT IS A QUALIFIED SETTLEMENT FUND? Section 468B of the Internal Revenue Code[1] authorizes the establishment of Designated Settlement Funds or Qualified Settlement Funds. These funds are usually collectively referred to as Qualified Settlement Funds (QSFs). These funds are also sometimes called 468B Trusts. The purpose of these funds…
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 43% 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 $20 – $25 per hour or more for home…