PLANNING FOR SPECIAL NEEDS CHILDREN AFTER WE ARE GONE – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA Planning for children with special needs is extremely important, and often completely overlooked or done haphazardly. The problem is many of our children with disabilities will be unable to take care of themselves after we are gone. As long as we are living, we will do everything necessary to…
MILLER TRUSTS
by Thomas D. Begley, Jr., Esquire, CELA For purposes of Medicaid long-term care services, New Jersey has always been an income cap state. That means that an individual’s income must not exceed 300% of the Federal Benefit Rate (FBR). Beginning January 1, 2023 that means that an individual’s monthly income cannot exceed $2,742. Historically, individuals…
What Is An Able Account And How Can It Help Protect Your SSI Check? – Begley Report
by Thomas D. Begley, Jr., Esquire, CELA An ABLE account is a new device available to the disability community that allows a disabled individual to have a limited bank account without risking eligibility for their means-tested public benefits. ABLE accounts can receive $17,000 per year from all sources and are capped at the maximum account size…
WHAT HAPPENS WHEN MY SPECIAL NEEDS CHILD TURNS 18?
by Thomas D. Begley, Jr., Esquire, CELA When a child becomes 18 years old, he or she becomes an adult. Prior to that time, the child is a minor and his or her parent is also the natural guardian and had the authority to make decisions for that child. What should a parent be thinking…