ABLE Accounts: 10 Things You Should Know
10 Things You Should Know about ABLE Accounts What is an ABLE account? ABLE Accounts, which are tax-advantaged savings accounts for individuals with disabilities and their families, will be created...
Guardianship & Trusts
Plan Early for Your Child’s Long-Term Security
Long-Term Security The vast majority of my clients who have children with special needs share the same goal: that they will outlive their children. The thought of leaving their loved...
Able Account or Special Needs Trust: How to Decide?
Able Account or Special Needs Trust In December 2014, President Obama signed the Stephen Beck Jr. Achieving a Better Life Experience Act (“ABLE Act”) into law, authorizing states to create...
Independence + Security Balance: Balancing Independence with Security Guardianship and Its Alternatives
Balancing Independence In most states, there’s a presumption that individuals over the age of 18 are legally competent, regardless of any disabilities they may have. If no action is taken...
Creating a Financial Game Plan | A Milestone-Based Guide to a Special Needs Plan
Creating a financial plan with a trusted advisor is critical, and arriving at various milestones can guide you in what to do next. Below are seven milestones to benchmark your planning efforts with financial advice for every turning point.
Building a Resource Manual for Future Caregivers
Resource Manual Any parent of a child with special needs understands the amount of effort that can go into providing care for their loved one. Along with the roles that...
Protected Tomorrows: Start by Planning Today
Protected Tomorrows Overwhelmed is the prevailing word used by parents with a child who has special needs. There are so many things that need to be taken into consideration on...
Common Mistakes Parents Make with Their Special Needs Trusts
We meet a number of families each year that have already met with a planner in an attempt to design a special needs plan. The plans are put together with...
Guardianship: A Basic Understanding for Parents
Guardianship As a parent you make many decisions on behalf of your minor child. However, once your child turns 18 you no longer have the legal authority to do so....
