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TYPICAL PROBLEMS WITH SPECIAL NEEDS AND SETTLEMENT PROTECTION TRUSTS IN PERSONAL INJURY RECOVERIES

by Thomas D. Begley, Jr., Esquire, CELA             Money in a Special Needs Trust (SNT) must be expended solely for the benefit of the trust beneficiary in a judicious manner to ensure that all of the needs of the trust beneficiary are met over a lifetime. Money in an Settlement Protection Trust (SPT) for a…

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FEATURES TO BE CONSIDERED IN PERSONAL INJURY RELATED TRUSTS

by Thomas D. Begley, Jr., Esquire, CELA             There are a number of considerations when a personal injury trust is being utilized in connection with a personal injury recovery.  The types of trusts commonly used are: Special Needs Trust. A Special Needs Trust (SNT) is for an individual receiving, or who may be eligible to…

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MY CLIENT IS A MEDICAID RECIPIENT RECEIVING A PERSONAL INJURY SETTLEMENT, DOES HE NEED A SPECIAL NEEDS TRUST?

by Thomas D. Begley, Jr., Esquire, CELA & Emily M. Schurr, Esquire GENERAL As a personal injury attorney, an important source of insurance and funding for medical needs for your clients with disabilities is Medicaid.  When a person is receiving Medicaid and may be receiving a settlement, it must be determined whether a Special Needs…

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TOOLS FOR PLANNING FOR CHILDREN WITH DISABILITIES IN A FAMILY LAW SETTING PART 1

by Thomas D. Begley, Jr., Esquire, CELA This is the first article in a two-part series that will discuss the various tools for planning for children with disabilities in a Family Law setting. (Here is a link to Part Two) Besides the obvious issue of custody, there are other considerations in planning for a child…

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