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SPECIAL NEEDS PLANNING – PART 1

by Thomas D. Begley, Jr., Esquire, CELA Special Needs Planning for loved ones with disabilities is extremely important.  As long as parents are alive, they will care for their children with disabilities.  The problem begins when the parents are gone.  Many children with disabilities will be unable to take care of themselves.  How will they…

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ADDICTION TRUSTS

by Thomas D. Begley, Jr., Esquire, CELA Unfortunately, many people have children who suffer from various addictions.  Typically the addictions are drug or alcohol abuse.  If the parent leaves money to the child suffering from those addictions, the money frequently will fuel the addiction making it worse, possibly even leading to death.  Additionally the money…

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ASSET PROTECTION STRATEGIES: HOW TO PROTECT YOUR ASSETS FROM CLAIMS OF CREDITORS – PART 2

by Thomas D. Begley, Jr., Esquire, CELA, and Joellen C. Meckley, Esquire This is the second of a two-part series (part one can be found here) designed to discuss various asset protection strategies for clients doing Estate Planning who are concerned about the possibility of future claims.  Typically, but not always, these clients are professionals OR…

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TEN IMPORTANT ESTATE PLANNING CONSIDERATIONS – PART 2

by Thomas D. Begley, Jr., Esquire, CELA, and Joellen C. Meckley, Esquire This is the second of a two-part series on ten important Estate Planning considerations. (Part one can be found here.)  Gifts/Loans to Children.  Sometimes parents have made gifts or loans to one child (e.g., to use as a down payment on a home) and…

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