Special Needs Parent Seminar Featuring New Jersey Estate Planning Attorney
Moorestown, NJ (Law Firm Newswire) May 6, 2012 - On May 11, Begley Law Group attorney Kristen Behrens is speaking at a public seminar about estate planning, guardianship and special needs trusts.
Ms. Behrens has extensive expertise in the areas of special needs trusts, estates and trust planning.
The event is hosted by Special Parents of Exceptional Children (SPEC), a group founded and run by parents of children with special needs. SPEC meets monthly throughout the school year to provide support and information, and welcomes parents and caregivers of children of all ages and types of needs. Newcomers are always welcome.
The event is Saturday, May 11, 2013, from 1:00 – 2:30, at Chestnut Hill Library, 8711 Germantown Avenue, Philadelphia. There is paid parking available to the public behind Top of the Hill Plaza; the entrance can be found on Bethlehem Pike. For those taking public transportation, the library is located close to the terminus of the L, 23, and 94 buses. The library is also close to the final stops of the Chestnut Hill East and West train lines. The meeting will start promptly at 1:00. Light refreshments will be available. No RSVP is necessary. No child care will be available at this event.
For more information, directions, to volunteer, offer to bring refreshments, or to get on the mailing list, call Jean at 215-913-9027 or email [email protected] The next meeting is June 1, 2013. For more information, announcements and additional resources go to the SPEC blog.
Special needs individuals are people who have a disabling condition or medical disability, such as autism, deafness, developmental disability, hearing impairment, intellectual disability, multiple disabilities, orthopedic impairment, specific learning disability, speech or language impairment, traumatic brain injury, and/or visual impairment. Special needs individuals may require special accommodations or services so that they may function to the fullest extent possible at home, at school, at their place of work, and in their community.
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 special needs and disability law and keenly aware of the latest legislative developments that are critical for their clients.
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 [...]