Tag Archives: special needs planning
5 Care Options for Adults with Special Needs
There are numerous care options available for adults with special needs. The options available vary based on the level of care required, ranging from those adults with special needs who are able to be more independent, to those who need advanced medical care. When planning for- or selecting- care options for special needs adults,… Read More »
3 Tips for Caring for a Sibling with Special Needs
When a family has a child with special needs, the care of that child eventually falls on the shoulders of the entire family. The parents generally care for the child for as long as they are able. However, when the parents begin to age, the siblings are often called upon to take over care… Read More »
10 Tips for Using a Special Needs Trust to Protect Your Child
When caring for a child or loved one with special needs, it’s important to understand what resources are available to you, and what steps can be taken to provide quality care and financial security is vital to your dependent’s lifetime needs. Careful planning and a properly executed special needs trust can protect your loved… Read More »
Five Things You Need to Know About the Recently Enacted ABLE Act
On December 19, 2014, President Obama signed the Achieving a Better Life Experience Act (ABLE Act) into law. The ABLE Act will allow special needs individuals or certain individuals with disabilities to establish tax-free savings accounts that can be used to cover expenses not otherwise covered by government sponsored programs. These accounts can be… Read More »