HELPING YOUR CLIENTS PROVIDE FOR THEIR PETS
by Thomas D. Begley, Jr., CELA Is It Possible for Your Clients to Provide for Their Pets? Many people want to include their pets in estate plans to ensure they will always be secure and receive quality care. While this type of planning is common, it can be fraught with emotion. It is important for…
THE BENEFITS OF BLOODLINE TRUSTS
by Thomas D. Begley, Jr., CELA What is a Bloodline Trust? A Bloodline Trust is a trust for the benefit of children and/or grandchildren. Rather than leaving the monies outright to children or grandchildren, money is left in a Spendthrift Trust with no withdrawal rights. If the child or grandchild is reliable, they can be…
PARENTS’ ESTATE PLANNING FOR PERSONAL INJURY VICTIMS
by Thomas D. Begley, Jr., CELA Personal injury victims frequently receive means-tested public benefits. They often establish Self-Settled Special Needs Trusts (SSSNTs) to hold the personal injury settlement, so that the settlement does not interfere with public benefits eligibility. However, it is important that parents not leave these children with disabilities monies as part of…