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ASSET PROTECTION STRATEGIES: HOW TO PROTECT YOUR ASSETS FROM CLAIMS OF CREDITORS

By:  Thomas D. Begley, Jr., Esquire, CELA There are a number of strategies that are used to protect assets from creditors.  Some of them work, some of them do not.  Some work with limitations.  In considering asset protection strategies the Uniform Voidable Transaction Act (formerly known as the Uniform Fraudulent Transfer Act) must be considered. …

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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…

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The Impact Of Fundraisers On Beneficiaries With Disabilities – Begley Report

by Thomas D. Begley, Jr., CELA CRISIS AND KINDNESS In times of crisis, people often show just how caring humanity can be.  Major humanitarian relief efforts respond to large-scale natural and unnatural disasters.  Strangers donate time and money to individuals injured in tragic accidents.  Often, the first instinct when you learn that someone is hurt…

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ADDICTION TRUSTS

by Thomas D. Begley, Jr., Esquire, CELA Unfortunately, many people have children who suffer from various addictions.  Typically the addictions are drug or alcohol abuse.  If the parent leaves money to the child suffering from those addictions, the money frequently will fuel the addiction making it worse, possibly even leading to death.  Additionally the money…

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