Accomplished New Jersey Elder Law Firm Offers Free Asset Protection Seminar
Moorestown, NJ (Law Firm Newswire) March 22, 2013 - Begley Law Group is hosting free seminars throughout the Moorestown area in April to help individuals and their loved ones properly plan for long-term care.
The team of New Jersey elder law attorneys is skilled in protecting assets and helping clients utilize government benefits, such as Medicaid and Veteran’s Aid and Attendance.
“It is never too early to start strategizing about how to protect your savings and the legacy you want to leave to your family and relatives,” said New Jersey elder law attorney Dana E. Bookbinder. “Long-term care adds up and without sufficient planning, your savings could be wiped out.”
The free seminars are held in the morning, early afternoon, and evening and anyone interested in protecting their assets is encouraged to attend. If someone in an individual's family is nearing a transition to a long-term care facility or is already in one, these seminars are particularly important. Begley Law Group, PC, has been a leader in elder law and estate planning law for more than 75 years and every day they counsel the elderly and disabled with solid financial strategies to preserve their assets.
“You and your family deserve to keep the assets you have worked your whole life for,” said Bookbinder. “During these seminars, we will discuss all the methods you can use to help maintain your legacy.”
Begley Law Group is known for their professional excellence, high ethical standards, and community service. They stay at the forefront of the latest legislative developments that impact their clients. Every Begley partner is a recipient of the prestigious New Jersey SuperLawyers award.
For more information on the seminars, click here and to make a reservation, call 877-234-5393 as space is limited.
Tuesday, April 9th
7:00 p.m. – 8:30 p.m.
Moorestown Community House
16 East Main Street
Wednesday, April 10th
10:00 a.m. – 11:30 a.m.
Vogelson Regional Library Voorhees
203 Laurel Road,
Wednesday, April 10th
2:00 p.m. – 3:30 p.m.
Mt. Holly Library
307 High Street
Mt. Holly, NJ
Begley Law Group, P.C.
509 S. Lenola Road, Building 7
Moorestown, NJ 08057
View Larger Map
- COMPARISON BETWEEN TRANSFERS TO CHILDREN’S TRUSTS AND TRANSFERS TO INDIVIDUALS
by Thomas D. Begley, Jr., CELA The following chart compares the advantages and disadvantages of an outright transfer of assets and putting assets in a Children’s Trust. Trusts v. Transfers Comparison Issue Children’s Trusts Individuals Look-Back Five Years Five 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 Exclusion Yes No
- FUNDING AND TAX CONSIDERATIONS INVOLVING CHILDREN’S TRUSTS IN MEDICAID PLANNING
by Thomas D. Begley, Jr., CELA Funding Many clients who use Children’s Trusts as part of their Medicaid planning are non-crisis planning clients. They either have an early diagnosis or are elderly but in good health. They are doing advance planning and want a sense of independence. They do not want all of their assets in a trust. Good practice dictates that the lawyer have a discussion with the client and determine how much the client feels should be kept out of the trust to give the client a feeling of comfort. The client should understand that the funds retained [...]
- CHILDREN’S TRUSTS AND MEDICAID PLANNING
by Thomas D. Begley, Jr., CELA (Originally published in the June issue of “The Straight Word”) Under a Children’s Trust typically a parent transfers assets to an irrevocable trust for the benefit of her children and reserves no right to access to either income or principal. One or more children usually serve as trustee. The trust document authorizes the trustee to distribute income and principal to children, subject to the approval of a trust advisor who is not a trust beneficiary. The trust advisor may be a spouse of a trust beneficiary or even an attorney or law firm. A [...]
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