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ADDING VALUE TO YOUR CLIENT’S ESTATE PLAN PART 1

by Thomas D. Begley, Jr., CELA This is the first of a two-part series on adding value to your client’s estate plan.  Lawyers assisting clients with their Estate Planning should consider providing services beyond the drafting of a Will, Advance Directive and Power of Attorney (POA). These additional services make the client’s life easier and ensure that…

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SPECIAL NEEDS TRUSTS

by Thomas D. Begley, Jr., Esquire, CELA THE PROBLEM The problem begins when we are unable to continue to care for our child with disabilities.  The following items must be considered now. Where Will Our Child Live?  Are other family members willing and able to have our child move in with them?  It is good to have…

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Financing Long-Term Care In New Jersey 2019

Statistics show that approximately 70% of the population age 65 or over will require some form 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 a nursing home for an extended…

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Understanding Estate Planning

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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