» Begley Law Group Attorney Presenting on Irrevocable Trusts with Pennsylvania Bar Institute

Begley Law Group Attorney Presenting on Irrevocable Trusts with Pennsylvania Bar Institute

Moorestown, NJ (Law Firm Newswire) August 7, 2013 – New Jersey elder law attorney Thomas D. Begley, Jr., Esq. is speaking as a faculty member in a course co-presented by the Pennsylvania Bar Institute (PBI) on “Irrevocable Trusts: Drafting with the Right Ingredients” on Tuesday, August 27, 2013.

The Begley Law Group

Mr. Begley will be discussing irrevocable trusts as part of a powerful estate planning tool for elder law attorneys to help their clients protect their interests.

“Irrevocable trusts have previously been utilized as a means to transfer wealth between high net-worth family members,” commented elder law attorney Thomas D. Begley, Jr. “But irrevocable trusts can also be quite useful for middle-income clients, as well. Estate and elder law attorneys are using them to help their clients with exorbitant long-term care costs, potential lawsuits, and other concerns.”

There are seven primary purposes to establishing an irrevocable trust: for federal estate tax uses; veterans’ benefits; Medicaid; credit and lawsuit protection; fund management; scams and undue influence protection; and probate avoidance. Covered topics include how to decide what planning choices are appropriate for the client, how the trusts meet the client’s goals, and how the trust operates during the settlor’s lifetime and after. Case studies will be presented, as will the relevant tax provisions, spendthrift clauses, beneficiaries, and the duties of the trustees.

The course is located at CLE Conference Center, Wanamaker Bldg (now Macy’s), 10th Floor, Ste. 1010, Philadelphia, PA, at two scheduled times: Tuesday, August 27 at 12:30 p.m. and again at 3:45 p.m. Co-sponsoring the event is the Pennsylvania Bar Institute and the Pennsylvania Bar Association Elder Law Section and Real Property, Probate & Trust Law Sections. The course is offered for 3 Total CLE credits (no ethics). For more information, call (800) 932-4637, or email info@pbi.org.

Begley Law Group is a premier law firm with more than 75 years of experience in the New Jersey and Pennsylvania area. Every partner at Begley Law Group is a recipient of the prestigious New Jersey Super Lawyers award. Begley Law Group attorneys are experts at elder and disability law and are at the forefront of the latest legislative developments that are critical for the rights of their clients.

Learn more at www.begleylawgroup.com

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

  • THE FUTURE OF SPECIAL NEEDS PLANNING
    by Thomas D. Begley, Jr., CELA Special needs planning is a process of planning for the legal, personal, and financial needs of an individual with disabilities to enhance the quality of life of that person to allow them to reach their full potential.  It is interesting to examine the historical treatment of persons with disabilities.  In the pre-1700s, persons with disabilities were viewed as “possessed by the devil” and they were tortured, burned at the stake, and left to die.  Between the 1800s and 1920s, these individuals were viewed as genetically defective, inferior, hidden away, and displayed as freaks and [...]
  • PLAN/NJ Celebrates 25 Years Of Service And Honors Thomas Begley Jr.
    In 2014 Planned Lifetime Assistance Network of New Jersey celebrated 25 years of service to individuals with severe developmental disabilities and mental health challenges. To commemorate the occasion, PLAN held a wonderful event on June 5th at the New Jersey Law Center, located at One Constitution Square in New Brunswick, NJ. The festivities included cocktails, hors d’oeuvres, a special celebrity silent fundraising auction and a keynote address by Sarah Helena Vazquez, national motivational speaker, advocate, and author.   In addition that evening, PLAN honored several distinguished individuals who have made significant and long-term contributions in improving outcomes and enhancing the quality of [...]
  • THE IMPORTANCE OF PUBLIC BENEFITS IN SETTLING PERSONAL INJURY CASES
    Article by Thomas D. Begley Jr. Public benefits must always be considered in the settlement of a personal injury case.  They are important for two reasons:  (1) whether there is a lien to repay the public benefits, and (2) whether the plaintiff’s continued eligibility for public benefits depends on the establishment of a self-settled special needs trust.  Common public benefits include the following: Supplemental Security Income (SSI)  SSI is a monthly payment from the Social Security Administration to the SSI recipient.  The maximum payment for an individual for 2014 is $721 per month.[1]  For many people this is a significant [...]

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



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

* indicates required