The most important thing in your life is your child. And for parents with a special needs child that requires specialized care, the most significant concern is what happens to my child when I am gone or can no longer advocate for them. How would your child be financially taken care of?
Watch our 85-second video to learn about how we help families with special needs.
Planning for children with special needs must be coordinated within the parents’ personal financial plan. You need to balance:
- Comprehensive financial planning for the entire family, with
- Disability and government programs and the eligibility requirements in order to utilize the best planning techniques. Various government programs and benefits may be available to children with special needs, including the rules and regulations surrounding Medicare, Medicaid and Social Security.
Special needs attorneys play a critical role in the planning process for families with special needs members. Special needs trusts, guardianship, and support in getting desired services and benefits are all reasons to work with attorneys. When planning for a special needs family member, it is important to coordinate financial services with legal services.
Contact Baron Financial Group to learn more about planning for a special needs family member.