by Thomas D. Begley, Jr., CELA The chart below is a brief comparison between a Disability Annuity Trust (“DAT”) and a Disability Annuity Special Needs Trust (“DASNT”). Consideration DAT DASNT Typical Grantor Parent/Grandparent Parent/Grandparent Typical Trustee Family Member…
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FINANCING LONG-TERM CARE IN NEW JERSEY
by Thomas D. Begley, Jr., Esquire, CELA INTRODUCTION Statistics show that approximately 60% of the population age 65 or over will require some form of long-term care. Some will be there for relatively short periods of time. These are usually…
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