What if your child or grandchild has developmental challenges that will, or may, prevent them from being an independent adult? They could even be dependent on public resources for their care and living arrangements. A poorly planned, or unplanned, inheritance can disqualify vulnerable beneficiaries ...
It lists the challenges of parents with disabled children including how to ensure the funds are well funded, and making sure if there is sufficient money to meet the needs of the disabled child. It notes that special-needs trusts ...
That way you can be confident that your loved ones will be cared for when you're no longer here to look after them financially. For a first-person account of planning, see Viewpoints: Facing the impossible as a parent of a special needs child....
Planning for your child with special needs’ future is easier when you plan ahead. That is whyI have partnered withABLEnow®to share how an ABLEnow account lets you save money without jeopardizing your child’s eligibility for disability benefits. And, to tell you it makesthe perfect holiday...
Special Planning for a Child With Special NeedsMartha M Hamilton
to create first a life plan specializing child's future care, then calculate the costs of child' future lifestyle, preserve public benefits such as Supplemental Security Income (SSI), fund special needs goal, consider a Special Needs Trust (SNT) and plan for long-term care needs and expenses...
A child can be considered as a special child if he qualifies for the means-tested government benefits. This will allow the child to enjoy the benefits stipulated in the provisions of the Supplemental Security Income, and the Medicaid policies....
Special people need special planning.We understand that Public benefits are a lifeline for many people with special needs or disabilities, and an inheritance or settlement that is not properly handled can jeopardize eligibility. Let us help you navigate this journey to make sure your child is take...
Providing for the health and security of your children is a top concern as a parent. If your child has a special need, your focus on their well-being may become even more pronounced. Addressing everyday financial considerations like healthcare, education and insurance often requires signific...
When you think about your child's future, do you feel... At peace? Full of hope? Secure? There are so many uncertainties to think about… Will my son or daughter be happy? Will they be healthy? Will they be included? And… WHAT IF something happens to me