» Accomplished Elder Law Attorney to Appear on Talk Philly

Accomplished Elder Law Attorney to Appear on Talk Philly

Moorestown, NJ (Law Firm Newswire) May 27, 2011 - New Jersey elder law attorney Thomas D. Begley, III is making an appearance on “Talk Philly” on May 31 from noon to 12:30 p.m. Begley will discuss the five things every family should do to protect their assets for their spouse and children. The show will air on KYW-TV CBS 3 to remind viewers of the most important steps needed for adequate estate planning.

Begley is an accomplished, certified elder law attorney with decades of experience helping individuals and families throughout Pennsylvania and New Jersey. During the “Talk Philly” show, he will discuss how to avoid both living trust scams and substandard legal documents, as well as how to plan for special needs and other unique circumstances. Begley says it is also especially important to coordinate the beneficiary designations of non-probate assets and to know how to access public benefits for long term care.

“Many individuals have inadequate documents or haven’t even thought about long term planning,” Begley said. “Everyone needs to have a solid plan in place to protect their assets from high taxation, to preserve their legacy, and to give financial security to their spouse and children.”

Begley Law Group is dedicated to the legal needs of the elderly and disabled. Every partner at this premier law firm is a recipient of the New Jersey SuperLawyers award. They are known for their commitment to solid legal advice, as well as for being experts on the latest changes in the law and for championing their clients’ rights. Begley is a former Director of the Elder Law Section of the New Jersey State Bar Association and a former chair of the Estate Planning and Probate Committee of the Burlington County Bar Association. He is an author and frequent lecturer on the topics of elder law, estate planning, and trust administration.

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
Tel: 800.533.7227

  • Lien Resolution In Personal Injury Cases
    This is the third in a series of articles dealing with lien resolution in personal injury cases. Welfare Liens In New Jersey, there is a lien against real and personal property of a person who has been assisted by or received support from any municipality or county. This is true whether a person has been in a county facility or at home.1 Mental Health Liens In New Jersey. a person with a mental illness who is over age 18 and is being treated in a state psychiatric hospital shall be liable for the full cost of his treatment. maintenance. and all necessary related expenses.2 [...]
    by Thomas D. Begley, Jr., CELA There are a number of alternatives to a Third Party Special Needs Trusts. These include the following: Disinherit a Child. The problem with this strategy is that one cannot be certain that public benefits, as we know them today, will continue forever. Many public benefits have been cut back in recent years and there is no guarantee that current benefits will not be reduced as well. Many parents who have severely disabled children, whose needs are covered by public benefits, will consider disinheriting the children, but they should be made aware that current public [...]
    by Thomas D. Begley, Jr., CELA Below is a chart comparing an ABLE Account with a Third-Party Special Needs Trust.     ABLE ACCOUNT THIRD PARTY SPECIAL NEEDS TRUST OR POOLED TRUST Onset of Disability Qualifying disability exists prior  to age 26   No requirement Age of Beneficiary   No requirement No requirement Who May Establish   Beneficiary, parent, guardian, agent Anyone except beneficiary Number of Accounts   One per beneficiary Unlimited Fees   Financial institution fees Attorney and trustee fees Contribution Limits $14,000 per year (federal gift tax limit); total capped at state limit for 529 college savings accounts; SSI payments suspended when assets total $100K   Unlimited Investment Options Investment strategies may be changed [...]

See other news sources publishing this article. BETA | Tags: , , , , , , , , , , ,

Get headlines from Law Firm Newswire sent right to your inbox.

* indicates required