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Special Needs Financial Planning

April 12, 2024

Families with special needs children face unique financial challenges, necessitating specialized guidance. Here are key reasons to collaborate with a financial professional experienced in special needs planning:

Government Benefits Maximization: Proper planning can help families navigate complex government benefit programs (such as Social Security Disability Insurance and Medicaid) to ensure eligibility and optimize benefits for their child.

  1. Long-Term Financial Security: Planning for a child’s lifetime care involves creating a sustainable financial strategy. Including assistance with setting up trusts, guardianship arrangements, and estate planning to safeguard the child’s future.
  2. Tax Efficiency: Special needs trusts and other financial tools can minimize tax implications while preserving assets for the child’s needs.
  3. Coordination with Legal and Medical Professionals: Specialized professionals collaborate with attorneys, therapists, and healthcare providers to create holistic plans that address legal, medical, and financial aspects.

 Remember, personalized advice is crucial, and seeking a specialized professionals ensures families make informed decisions tailored to their child’s unique circumstances.

 Join us for a webinar highlighting what you and/or your clients should know about financial planning for families with special needs children. 


June 6th, 11:00 am (Central)

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