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{"id":13594,"date":"2014-09-16T17:22:56","date_gmt":"2014-09-16T17:22:56","guid":{"rendered":"http:\/\/www.seonewswire.net\/2014\/09\/the-importance-of-a-financial-analysis-to-determine-if-a-special-needs-trust-is-required-in-a-personal-injury-case\/"},"modified":"2014-09-16T17:22:56","modified_gmt":"2014-09-16T17:22:56","slug":"the-importance-of-a-financial-analysis-to-determine-if-a-special-needs-trust-is-required-in-a-personal-injury-case","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2014\/09\/the-importance-of-a-financial-analysis-to-determine-if-a-special-needs-trust-is-required-in-a-personal-injury-case\/","title":{"rendered":"THE IMPORTANCE OF A FINANCIAL ANALYSIS TO DETERMINE IF A SPECIAL NEEDS TRUST IS REQUIRED IN A PERSONAL INJURY CASE"},"content":{"rendered":"

[This article was originally printed in the Barrister, a publication of the Camden County Bar Association in September, 2014.]<\/h2>\n

THE IMPORTANCE OF A FINANCIAL ANALYSIS TO DETERMINE IF A SPECIAL NEEDS TRUST IS REQUIRED IN A PERSONAL INJURY CASE<\/p>\n

by Thomas D. Begley, Jr., CELA<\/p>\n

When a plaintiff receiving public benefits achieves a personal injury settlement, the plaintiff essentially has four choices:\u00a0 (1) use a special needs trust (SNT) only; (2) use the SNT, but also buy ACA private health care; (3) do not use an SNT and buy ACA private insurance; or (4) do not use an SNT and attempt to become eligible for Medicaid-funded insurance through programs such as New Jersey Family Care.<\/p>\n

Analysis of the Four Options with Respect to Special Needs Trusts<\/i><\/b><\/p>\n

Let\u2019s examine the advantages of each option.<\/p>\n

    \n
  1. Using an SNT only.<\/i><\/b>\u00a0 The advantage is that the plaintiff will continue to receive SSI, Medicaid, and other means-tested public benefits.\u00a0 The disadvantages are (more…)<\/span><\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    [This article was originally printed in the Barrister, a publication of the Camden County Bar Association in September, 2014.] THE IMPORTANCE OF A FINANCIAL ANALYSIS TO DETERMINE IF A SPECIAL NEEDS TRUST IS REQUIRED IN A PERSONAL INJURY CASE by…<\/span><\/p>\n

    Read more ›<\/a><\/div>\n

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