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BLENDED FAMILIES

By Begley Law Group

by Thomas D. Begley, Jr., Esquire, CELA             Planning for blended families can be challenging.  Blended families are married couples in which one or both spouses have children from a previous marriage or relationship, or they could be families whose children have spouses with children from a previous marriage or relationship.  Blended families are fairly…

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POST-SETTLEMENT OPTIONS FOR MINOR OR INCAPACITATED PERSONS

By Begley Law Group

by Thomas D. Begley, Jr., Esquire, CELA             Essentially, there are four options with respect to the treatment of settlement funds obtained on behalf of a minor or incapacitated person. Deposit with Court. Funds could be deposited with the court. There are virtually no advantages to this option, but several disadvantages. The disadvantages include: Generally,…

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

By Begley Law Group

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 Begley Law Group

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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