» 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

  • Thomas Begley Jr. to Be Honored For Service to the Disabled
    Begley Law Group’s Tom Begley Jr. will be one of two people honored during the 25th anniversary celebration of Planned Lifetime Assistance Network of New Jersey. A founding member of the Begley Law Group and the Special Needs Alliance, Begley will be presented with the PLAN NJ Legal Champion Award for a 40-year career devoted to the disabled and elderly.  The ceremony will be held June 5 at 6 p.m. at the New Jersey Law Center in New Brunswick. Planned Lifetime Assistance Network of New Jersey, PLAN NJ, a nonprofit social service agency will celebrate 25 years of serving individuals with severe [...]
  • THE PERILS OF SERVING AS TRUSTEE OF A SPECIAL NEEDS TRUST
    Two recent New York cases and an unofficial conversation with an unnamed official at the Pennsylvania Department of Public Welfare show trustees the importance of understanding their duties as trustees and putting the beneficiary first.  The cases are on opposite ends of the spectrum.  The first case[1] involved a Special Needs Trust with J.P. Morgan Chase Bank and the beneficiary’s attorney serving as co-trustees.  Mark was 16 years old when his adoptive mother, Marie, died in 2005.  Mark was then living in a group home where his mother placed him after learning that she was terminally ill.  Marie’s Will left [...]
  • PLANNING FOR PEOPLE WITH DISABILITIES
    Some 43 million Americans have one or more physical or mental disabilities.[1] This number is increasing as disabilities such as Autism and Alzheimer’s disease become more prevalent. Disabilities do not discriminate on the basis of age, race, or national origin. Some individuals with disabilities are wealthy, some are poor, many are middle class. An elder and disability law attorney with knowledge of disabilities can be of great value to these individuals and families. Planning Special needs planning involves much more than trusts. Trusts are simply documents. The real value that an elder and disability law attorney and other members of [...]

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



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

* indicates required