PROTECTING YOUR RETIREMENT PLAN FROM THE NEW DEATH TAX PART 1
by Thomas D. Begley, Jr., CELA This is the first in a four-part series on the SECURE Act. THE SECURE ACT The SECURE Act passed by Congress and signed by President Trump became effective on January 1, 2020. The provisions of the SECURE Act apply to Qualified Retirement Plans and IRAs. The law is designed…
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…
How to Plan for Children With Disabilities?
by Thomas D. Begley, Jr., Esquire, CELA The Problem The problem for a special needs child begins when parents are either deceased or physically unable to continue to provide the care that the child needs. As long as parents are living, they will do everything necessary to see that their child lives happily and as productively…
What is a Power of Attorney and Why Do I Need One?
by Thomas D. Begley, Jr., Esquire, CELA A Power of Attorney is a legal document authorizing another person called an Agent to make financial decisions on your behalf. It is an important tool for people to have in their toolkit. A Power of Attorney involves planning ahead. You cannot wait until you need one, because you have suffered…