In The Matter Of The Trusts To Be Established In The Matter Of The Estate Of Margaret A. Flood

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On July 10, 2009, Judge Patricia Del Bueno Cleary, a Superior Court Judge in Monmouth County, NJ, entered an Order authorizing the Administrator of an intestate estate to establish two Supplemental Benefits Trusts within an intestate estate to protect the intestate shares of a deceased parent’s estate which passed to the parent’s two disabled adult children. Both of the disabled adult children receive needs-based government benefits, and they would have lost their eligibility for the benefits if their intestate shares were distributed outright to them rather than in trust. Judge Cleary established the trusts after concluding that the intent of the deceased parent was to establish Supplemental Benefits Trusts for her disabled children had she not passed away first. Judge Cleary’s ruling is another step forward in protecting the disabled population in New Jersey.

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Tax

Reference Info:Decision | State, 3rd Circuit, New Jersey | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Donald Vanarelli, Law Office of Donald D. Vanarelli | Attorney Advertising

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Donald Vanarelli
Law Office of Donald D. Vanarelli

I have been a practicing attorney since 1983, admitted in NJ and NY. A graduate of Rutger's Law... View Profile »


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