856.235.8501

2019 COLA INCREASES FOR MEDICAID, SOCIAL SECURITY, MEDICARE, TAX AND VETERANS

by Thomas D. Begley, Jr., Esquire, CELA There are a great many public benefit numbers and tax numbers that are adjusted on an annual basis.  This article is designed to make those numbers readily available. The following are current numbers for 2019. Medicaid Income Cap[1] $2,313 Maximum Community Spouse Resource Allowance (CSRA)[2] $126,420 Minimum CSRA[3] $25,284…

Read More

ORGAN DONATIONS

by Thomas D. Begley, Jr., CELA Attorneys preparing Wills for clients should always also prepare a Living Will or Health Care Power of Attorney and ask the client if he or she is willing to make an organ donation. Every ten minutes someone is added to the National Transplant Waiting List. On average, 92 transplants…

Read More

Medicaid Planning with Disability Annuity

By Thomas D. Begley, Jr., CELA The Concept A sole benefit of trust is a creature of HCFA Transmittal 64.’ These trusts have traditionally been used in crisis planning. They can be established for the benefit of disabled persons—a Disability Annuity Trust (“DAT”).2 The idea is that assets would be transferred to an irrevocable trust for the sole benefit of the…

Read More

ESTABLISHING A DISABILITY ANNUITY TRUST FOR A BENEFICIARY RECEIVING SSDI OR SSI

by Thomas D. Begley, Jr., CELA A Disability Annuity Trust (“DAT”) can be established for a disabled child or any disabled individual.[1] However, in considering the use of a DAT for a disabled person, care must be taken to examine the other government benefits currently being received, or which may be received in the future…

Read More