» New Jersey Estate Planning Attorney Reminds Families About Estate Planning Awareness Week

New Jersey Estate Planning Attorney Reminds Families About Estate Planning Awareness Week

Moorestown, NJ (Law Firm Newswire) October 11, 2011 - “National Estate Planning Awareness Week” October 17-23 reminds individuals and their families about the importance of planning for long-term decisions and asset protection. Estate planning is a complex matter and individuals should seek a qualified estate planning attorney to tailor a plan specific to their financial goals and family needs. Without proper planning, individuals could risk their savings and greatly affect their loved ones after they pass away.

“Estate plans take the stress out of all the issues that need to be addressed such as a will, trust, and end of life decisions,” said New Jersey estate planning attorney Tom Begley Jr., of the Begley Law Group P.C. “Many tax, government benefit, and legal considerations need to be figured out to successfully plan for the future.”

Begley Law Group was recently named one of Philadelphia Business Journal’s Top 25 South Jersey Law Firms. The firm has served the Southern New Jersey and Philadelphia region for more than 75 years. The National Association of Estate Planners & Councils says that more than 120 million people nationwide do not have estate plans and could risk their assets and deal with emotional hardship if a family member got chronically ill, was in a bad accident, or passed away unexpectedly.

“It is never too early to plan and make your wishes known,” said Begley. “Many people want to name their grandchildren, a charity, or make sure a spouse is set up adequately. But if you do not plan for this and do not review your estate plan every couple of years, you could really jeopardize your legacy.”

Begley Law Group’s attorneys also have a wealth of experience helping children and adults with special needs, are seen as leaders in elder law, and are aware of the latest changes to laws affecting these groups. To learn more or to contact a New Jersey estate planning lawyer, New Jersey special needs planning attorney, or New Jersey Medicaid planning lawyer, call 1.800.533.7227 or visit http://www.begleylawgroup.com.

Colleen Caruso
Begley Law Group, P.C.
509 S. Lenola Road, Building 7
Moorestown, NJ 08057
Tel: 800.533.7227


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  • WHAT IS A SELF-SETTLED SPECIAL NEEDS TRUST?
    by Thomas D. Begley, Jr., CELA Trusts for disabled individuals who have not reached age 65 and are funded with assets of the disabled person are authorized under OBRA-93.[1] The trust is for the benefit of disabled persons. The person must be under 65 at the inception of the trust. While the trust must be established and funded prior to the beneficiary attaining the age of 65, it may continue after 65. If the trust is funded with a structured settlement prior to the beneficiary attaining the age of 65, the trust remains viable even though payments from the annuity [...]
  • WHAT IS A THIRD PARTY SPECIAL NEEDS TRUST?
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  • 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 [...]

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