Estate planning becomes even more complex when it involves the unique needs of a child with special needs. It’s not just about dividing assets equally among your heirs; it’s about ensuring that each child has the resources necessary to thrive in their individual circumstances.
In this edition of our newsletter, we’re highlighting a crucial but often overlooked aspect of Social Security benefits: Child-in-Care Spousal Benefits. This provision is especially important for special needs families where one spouse is eligible for Social Security and the other is providing care for a child.
This month's newsletter explores a unique perspective on Social Security income payments—viewing them as an investment portfolio paying a steady 5% interest. Understanding this concept can help you make informed decisions about your retirement planning and financial security.
Supplemental Security Income (SSI) Update: Important Changes Coming for 2024
Budget and expense management is often one of the most significant concerns for parents of loved ones with special needs, especially when you want to ensure the individual's independence and protect them from potential financial exploitation.
Raising a child with special needs comes with unique challenges, especially when it comes to financial planning. It's essential for families to explore a combination of private and public resources to ensure financial security for themselves and their child's lifetime. In this blog post, we'll discuss strategies for balancing these resources effectively.