SPECIAL NEEDS PLANNING – PART 3
by Thomas D. Begley, Jr., Esquire, CELA [Here are links to Part 1 , Part 2 and Part 4] Features of a Special Needs Trust Enriches Our Child’s Life. By establishing the Special Needs Trust, the funds in the trust can be used to enrich the child’s life while at the same time maintaining important…
MILLER TRUSTS
by Thomas D. Begley, Jr., Esquire, CELA For purposes of Medicaid long-term care services, New Jersey has always been an income cap state. That means that an individual’s income must not exceed 300% of the Federal Benefit Rate (FBR). Beginning January 1, 2025, that means that an individual’s monthly income cannot exceed $2,901. Historically, individuals…
SHOULD I LEAVE MY HOME TO MY CHILD WITH DISABILITIES?
by Thomas D. Begley, Jr., Esquire, CELA and Emily M. Schurr, Esquire A home is a very special place. Usually parents of a child with disabilities feel that their child is comfortable in that home, and they would like to leave it to that child so he or she can continue to live there. …
OPTIONS FOR PERSONAL INJURY PLAINTIFFS WITH LIMITED CAPACITY
by Thomas D. Begley, Jr., Esquire, CELA and Ethan J. Ordog, Esquire It is imperative that the capacity of a personal injury plaintiff is considered to ensure that legal authority to participate in and/or settle a civil claim is established. Often, in seeking to ensure that claims are pursued for the benefit of the…