Special Needs Families

We understand that you have the same financial concerns of all parents but with a few unique differences.

How is financial planning different for special needs families?
When you have a child with special needs, financial planning is especially important. Services, supplies, equipment, and medical care that your child may need can really strain your budget. Your income may be reduced if you have to quit your job or cut back on your hours to care for your child.

How can Brian help you?
We will analyze your budget, assess your insurance needs, and help you locate benefits available in your state, including Supplemental Security Income (SSI), Medicaid.

What is a special needs trust?
A special needs trust (or supplemental needs trust) is an estate planning tool that can help provide for the needs of a disabled individual without jeopardizing his or her eligibility for government benefits. A qualified attorney can help you establish and administer this type of trust.

What does a special needs trust do?
As the parent of a child with special needs, you'll want to find ways to protect your child's inheritance and ensure that he or she is taken care of when you die. A special needs trust insures that your child will be taken care of by naming a guardian that you choose, and by protecting your child’s assets without losing government benefits.

Bottom line: Special needs planning is complex and technical, and the laws that govern special needs trusts differ from state to state. To properly plan for your child's future it is best to work with a qualified attorney or financial professional experienced with the planning needs of families of disabled individuals. This person should also have a thorough understanding of the income, gift, and estate tax consequences that must be considered when funding and administering a special needs trust.