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
- MEDICAID MANAGED LONG-TERM SERVICES AND SUPPORTS
by Melanie S. Kaplan, Esquire As of July 1, 2014, what was formerly known as Global Options for Long Term Care (GO) is now known as Managed Long Term Services and Supports. (MLTSS). Individuals previously receiving benefits under AIDS Community Care Alternatives Program (ACCAP), Community Resources for People with Disabilities (CRPD) and Traumatic Brain Injury (TBI) were automatically enrolled in the MLTSS program. The MLTSS program was designed to permit individuals to live in the community for as long as possible with services and support. The change from GO to the MLTSS program has reduced the number of programs and [...]
- COMPARISON BETWEEN TRANSFERS TO INCOME ONLY TRUSTS AND TRANSFERS TO CHILDREN
by Thomas D. Begley, Jr., CELA The following chart compares the advantages and disadvantages of an outright transfer of assets and putting assets in an Income Only Trust. Trusts v. Transfers Comparison Issue Income Only Trusts Children Look-Back 5 Years 5 Years Control None None Risk Avoidance Yes No Estate Recovery Maybe No Income Tax Parent Children Gift Tax Maybe Yes Step Up in Basis Yes No Principal Residence Exclus. Yes No
- TAX AND ESTATE RECOVERY ISSUES IN CONNECTION WITH INCOME ONLY TRUSTS
by Thomas D. Begley, Jr., CELA An Income Only Trust can be designed as a grantor trust. The trust assets are unavailable for Medicaid, but there are some potentially significant tax benefits to the grantor. The Internal Revenue Code contains certain requirements for a grantor trust. Income Tax. Income is taxed at the grantor’s individual tax rate, which is usually less than the trust’s compressed tax rate. Capital Gains Tax. Capital gains tax treatment is maintained. This is particularly important if the trust is funded with a primary residence. The §121 exclusion from capital gains tax can be maintained. The [...]
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