Planning For Special Needs
As parents of a child with special needs, we discovered that the traditional financial plans and legal plans often didn’t address the needs of our unique family. Encountering challenges in finding a financial planner and an attorney to work with that had the experience, expertise, or credentials in special needs, we decided to become the expert ourselves. Today, we are a team of an Attorney(licensed to practice in Massachusetts) focused on Estate Planning/Special Needs Law/Elder Law and a CERTIFIED FINANCIAL PLANNER™ Professional/Chartered Special Needs Consultant designee/Enrolled Agent. We are required to operate under a fiduciary standard of care. We understand what it’s like to care for and parent this community, and we are here to help your family become empowered to rise above the everyday challenges and achieve your vision. No matter what your family’s financial resources are or what stage of life your loved one with special needs is at, we are here to empower your entire family.
Listen on:
Episodes
Wednesday May 31, 2023
Wednesday May 31, 2023
Planning for the future is advisable for any family, but when it comes to families with special needs members, there are often unique considerations that cannot be overlooked. In this episode, we explore three important aspects that are necessary when planning for the better future of our special ones:
1) Financial Planning
2) Community Building
3) Legal Planning
YouTube Video: https://youtu.be/KDIR6qVx1bg
Wednesday May 31, 2023
Wednesday May 31, 2023
Financial planning for the special needs community is essential, and many misconceptions surround it. In this episode, I am debunking these myths to provide you with a better understanding of the importance of financial planning for special needs individuals and their families.
YouTube Video: https://youtu.be/LV6PHTJnFGc
Wednesday May 31, 2023
Wednesday May 31, 2023
Why we are doing whatever we are doing. Hoping to make this world a better place for all special ones.
YouTube Video: https://youtu.be/rz3L0_lXa5E
Tuesday May 30, 2023
Tuesday May 30, 2023
Many of us are extremely busy caring for our loved ones - our special ones. We dedicate so much time to their immediate needs that we often forget to look beyond a couple of days. However, avoiding planning is not going to help our situation. By burying our heads under the sand, we miss out on valuable opportunities to improve our circumstances.
YouTube video: https://youtu.be/fmtzh4vpEDo
Tuesday May 30, 2023
Tuesday May 30, 2023
HSA is the best savings account you can have to save for your medical expenses.
Youtube video: https://youtu.be/E4EFnY999CQ
Tuesday May 30, 2023
Tuesday May 30, 2023
Who is eligible for SSI?
How is the SSI benefit calculated?
Countable income: work earnings, Social Security benefits, child support, and gifts
Exclusions from countable income
Limits on countable assets
Impact of income and resources of spouse/parent/alien sponsor
Gifting and SSI benefits
Gifts that don't cause disqualification
Self-settled Special Needs Trust (SNT)
Saturday Mar 18, 2023
Saturday Mar 18, 2023
Doing Nothing
Disinheriting the Loved One
Assuming Others Will Care for Your Loved One
Using a One-Size-Fits-All Special Needs Trust
Failing to Plan for More Than Public Benefits
Failing to Include Others in The Planning
Choosing the Wrong Management Team
Failing to Protect the Loved One From Predators
Failure to Properly “Fund” and Maintain the Plan
Not Using Specialized Professionals
Saturday Mar 18, 2023
Saturday Mar 18, 2023
We understand what it’s like to care for and parent the special needs community, and we are here to help your family become empowered to rise above the everyday challenges and achieve your vision. Just ask!