Begley Law Group Attorneys Garner New Jersey Super Lawyers Award Again
Moorestown, NJ (Law Firm Newswire) March 23, 2011 – All three partners at the Begley Law Group were named 2011 Super Lawyers. Attorney Thomas D. Begley, Jr. and Dana E. Bookbinder are Super Lawyers for Elder Law and Thomas D. Begley, III is a Super Lawyer in Estate and Trust Litigation.
The 2011 New Jersey Super Lawyers award is bestowed on lawyers who have extensive professional achievements, high ethical standards, and are admired by their peers. The process to be selected involves strict peer nominations, evaluations, and third party research. In all, about only five percent of lawyers are selected. All three of the Begley Law Group, P.C., attorneys who won this award also achieved this recognition for two or more years.
The award shows that the Begley Law Group, P.C., has extensive experience in their practice areas and is a trusted resource for individuals and families in the New Jersey area. “For us, this is more than desk work, we have a passion for law and helping others plan for their next step in life,” said Certified Elder Law Attorney Thomas D. Begley, III. “We are proud of our reputation and dedicate every day to protect the rights and legacy of the elderly and disabled.”
The team at Begley Law Group, P.C., has more than 75 years of experience in elder law throughout New Jersey and Philadelphia. They counsel in Medicaid planning and applications, Veterans Administration benefits, personal injury settlement consulting, special needs trusts, estate planning, and estate and trust administration. From quick document preparation to handling every step of litigation, the Begley Law Group, P.C., is known for putting the client first and giving them skilled guidance.
To learn more or to contact a New Jersey special needs planning attorney, New Jersey estate planning lawyer, or New Jersey Medicaid planning lawyer, call 1.800.533.7227 or visit http://www.begleylawyer.com.
Begley Law Group
509 S. Lenola Road, Building 7
Moorestown, NJ 08057
- USING SELF-SETTLED SPECIAL NEEDS TRUSTS TO PROTECT PUBLIC BENEFITS
Many public benefits available to persons with disabilities, such as Supplemental Security Income (SSI) and Medicaid, place limits on income and certain types of assets. Exceeding such limits can lead individuals to lose some or all of their benefits. Individuals receiving SSI are limited to $2,000 of assets. For many individuals, their Medicaid is linked to their SSI. Today there are many Medicaid Waiver Programs. In many states the asset limit for these waiver programs is also $2,000, but this varies from program-to-program and from state-to-state. Assets held in ABLE accounts do not affect SSI until the ABLE account reaches [...]
- COMPARISON BETWEEN A DISABILITY ANNUITY TRUST AND A DISABILITY ANNUITY SPECIAL NEEDS TRUST
by Thomas D. Begley, Jr., CELA The chart below is a brief comparison between a Disability Annuity Trust (“DAT”) and a Disability Annuity Special Needs Trust (“DASNT”). Consideration DAT DASNT Typical Grantor Parent/Grandparent Parent/Grandparent Typical Trustee Family Member (Non-Beneficiary) Family Member (Non-Beneficiary) Assets Available Yes No SSDI/ Medicare Yes Yes SSI/Medicaid No Yes Transfer Penalty No No HEMS Standard Yes No SNT Standard No Yes
- CONSIDERATIONS IN DRAFTING A DISABILITY ANNUITY SPECIAL NEEDS TRUST
by Thomas D. Begley, Jr., CELA There are four main issues to be considered in drafting any trust involving a potential Medicaid recipient. These include: Availability; Transfer of asset penalty; Payback provision; and Tax considerations, including income, gift and estate taxes. Let’s examine each of these issues in the context of a DASNT. Availability. The assets in the DASNT would not be available, because the trust would be designed to give the trustee complete discretion with respect to distributions. Standard Third-Party Special Needs Trust language would be used in designing the trust. The standard DAT language would also be included. [...]
See other news sources publishing this article. BETA | Tags: new jersey elder law, new jersey elder law attorney, new jersey estate planning, new jersey estate planning attorney, new jersey estate planning lawyer, New Jersey Special Needs attorney, New Jersey Special Needs Lawyer, New Jersey Special Needs planning, new jersey veterans law, nj elder, nj estate planning, nj estate planning attorney