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A Twofold Approach to Long Term Care Needs Is Recommended
Among the many misperceptions regarding Medicaid and long-term care planning is the myth that asset protection planning and long-term care insurance don’t work well together. Unfortunately, many individuals, including many professionals, believe these two planning options are mutually exclusive and that one negates the need for the other. In fact, a carefully planned and cost-effective…
Borrower Profile and Credit Concerns in Pre-Settlement Lending in Personal Injury Cases
There is an ever-growing cottage industry of investors ready, willing and able to make the equivalent of a loan to an individual who is the plaintiff in a personal injury case. These transactions, also known as pre-settlement lending, are a growing trend for those in need. In order to avoid usury statutes, these transactions are…
Benefits and Best Practices in Pre-Settlement Lending in Personal Injury Cases
MECHANICS OF A PRE-SETTLEMENT LOAN Since a lawsuit itself is essentially the collateral to secure the finance company’s advances, the lending company will obtain information from the personal injury attorney concerning the case. They will follow these steps to offer the monies: Evaluation. The pre-settlement lending company evaluates the case and determines the likelihood of…
Tom Begley, Jr. Discusses Long Term Care Planning in the Huffington Post
In an article written by April Rudin in the Huffinton Post, The Begley Law Group’s Tom Begley, Jr. talks about the importance of working with an elder law attorney as well as ways to prepare for long term care. Read the entire story on The Huffinton Post: http://www.huffingtonpost.com/april-rudin/a-difficult-read-how-to-p_b_784138.html.