Elder Law Leaders Host Free Seminars to Share Nursing Home Strategies that Protect a Family’s Assets
Moorestown, NJ (Law Firm Newswire) September 14, 2012 - The Begley Law Group is hosting free elder care seminars on Wednesday, September 26 and Thursday, September 27 in the Stone Harbor area.
The seminars will cover what individuals and their families can do to keep nursing home costs from wiping out their savings, including how Medicaid or Veteran’s Benefits can pay for these costs.
“It is possible to qualify for Medicaid and still protect your legacy,” said New Jersey elder law attorney Thomas D. Begley, Jr. “It is never too late to plan, even if you’re already in a nursing home.”
The seminars will be held at three different times and locations to accommodate people’s schedules. Begley Law Group, PC, are leaders in planning for the elderly and disabled. They will share their proven legal and financial strategies during the seminars to show attendees how to safeguard their assets.
“Look around at all that’s important to you,” suggested Begley. “Unfortunately, if you don’t plan right, everything you’ve worked so hard to accomplish could end up going to a nursing home.”
Begley Law Group is a premier law firm with more than 75 years of experience in the New Jersey area. Every partner at Begley Law Group is a recipient of the prestigious New Jersey SuperLawyers award. They are experts at elder and disability law and keenly aware of the latest legislative developments that are critical for their clients.
For more information on the seminars, go here:. To make a reservation, call 877-234-5393, as space is limited.
Stone Harbor Seminars
Wednesday, September 26th
7:00 p.m. – 8:30 p.m.
Pier 4 Hotel
6 Broadway Avenue
Somers Point, NJ
Thursday, September 27th
10:00 a.m. – 11:30 a.m.
Avalon Golf Club
1510 N Route 9
Cape May Court House, NJ
Thursday, September 27th
2:00 p.m. – 3:30 p.m.
Covenant Presbyterian Church
Fishing Creek & Bayshore Roads
North Cape May, NJ
Begley Law Group, P.C.
509 S. Lenola Road, Building 7
Moorestown, NJ 08057
View Larger Map
- 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. 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?
by Thomas D. Begley, Jr., CELA A Third Party Special Needs Trust is usually used in a Medicaid context not for the benefit of the grantor of the trust, but for the beneficiary. The grantor of the trust is typically a parent, but could be grandparent, sibling, other relative or friend. The grantor uses the grantor’s assets to fund the trust. The assets of the beneficiary cannot be used to fund a Third Party Special Needs Trust. In order for the trust to be a Special Needs Trust, the beneficiary must be disabled. Disability is usually determined by the fact [...]
- 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 [...]
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 personal injury settlement consultant, 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