What Is An Able Account And How Can It Help Protect Your SSI Check? – Begley Report
by Thomas D. Begley, Jr., Esquire, CELA An ABLE account is a new device available to the disability community that allows a disabled individual to have a limited bank account without risking eligibility for their means-tested public benefits. ABLE accounts can receive $15,000 per year from all sources, and are capped at the maximum account…
2020 COLA INCREASES FOR MEDICAID, SOCIAL SECURITY, MEDICARE, TAX AND VETERANS
by Thomas D. Begley, Jr., Esquire, CELA There are a great many public benefit numbers and tax numbers that are adjusted on an annual basis. This article is designed to make those numbers readily available. The following are current numbers for 2020. Medicaid Income Cap[1] $2,349 Maximum Community Spouse Resource Allowance (CSRA)[2] $128,640 Minimum CSRA[3] $25,728…
Thomas D. Begley Jr. – Settlement Channel Interview
Thomas D Begley Jr., was recently interviewed by the Settlement Channel. In the interview he reviewed the interplay between Litigations Trusts and Structured Settlements. For more information, please follow this link. The Settlement Channel interview.
SPECIAL NEEDS TRUSTS
by Thomas D. Begley, Jr., Esquire, CELA THE PROBLEM The problem begins when we are unable to continue to care for our child with disabilities. The following items must be considered now. Where Will Our Child Live? Are other family members willing and able to have our child move in with them? It is good to have…