TYPES OF TRUSTS IN PERSONAL INJURY RECOVERIES
by Thomas D. Begley, Jr., Esquire, CELA There are five types of trusts generally used in cases involving personal injury recoveries. The type of trust to be selected depends on the plaintiff’s situation. The types of trusts and when to use them are as follows: Settlement Protection Trust. The Settlement Protection Trust is simply…
My Client Received A Personal Injury Settlement, He Is On Medicaid, Does He Need A Special Needs Trust? – Begley Report
by Thomas D. Begley, Jr., Esquire, CELA GENERAL An extremely important source of funding for medical needs for persons with disabilities is Medicaid. When a person is receiving Medicaid, the first question is whether a Special Needs Trust (SNT) is required. There are a number of pathways to Medicaid. If the individual’s Medicaid is means-tested,…