Video Resources

Welcome to our Ask an Advisor series! Today, we’re joined by Rhett Beal, Chartered Special Needs Advisor, here to share some important updates from the IRS for 2025. With the newly released COLA adjustments, we’ll be diving into what these changes mean for federal SSI and SSDI benefits, as well as updated resource limits. Understanding these adjustments can be essential for planning your financial future and maximizing benefits, especially for families and individuals with special needs. Be sure to stay tuned through November and December as we bring you more critical updates for the new year. Let’s get started!

In our latest Ask an Advisor video, Rhett Beal, our Chartered Special Needs Advisor, dives into a powerful strategy for families with special needs: leveraging itemized health expenses. When certain medical or therapeutic services are paid for out-of-pocket, a Letter of Medical Necessity can allow these costs to qualify as tax-deductible expenses. This means that by covering essential health services independently—without relying on government funding—you may be able to reduce your tax burden significantly. Join Rhett as he breaks down how to approach these expenses smartly and discusses which services may be eligible, helping you keep more of what matters most: resources for your loved one’s care.

In this edition of our Ask an Advisor series, Chartered Special Needs Advisor Rhett Beal dives into Tax-Smart Strategies for Medical Expenses—an area that can significantly impact special needs families. In the featured video, Rhett shares insights into how a Letter of Medical Necessity can be a powerful tool to minimize tax implications and make the most of your hard-earned dollars when covering essential services and equipment. Whether it’s securing necessary adaptive devices or managing ongoing medical costs, Rhett offers practical guidance to help you navigate these critical areas of financial planning.

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 article, we’ll look at scenarios where an unequal distribution of assets might make sense—whether that means directing more resources to your child with special needs or ensuring your other children are well-supported. We’ll also provide guidance on how to approach these important decisions and communicate them effectively with your family to maintain harmony and understanding. This thoughtful approach can help ensure that each child is cared for in a way that reflects their unique needs and circumstances, while preserving fairness and financial stability for all.

Planning for your special needs child’s future requires thoughtful consideration and careful management of resources. In this video, Rhett discusses how private resources play a critical role in securing their future. He’ll guide you through key questions to ask yourself to assess whether you have sufficient resources, how to maximize those funds through smart investing, and why time and portfolio allocation matter. Rhett will also emphasize the value of partnering with a financial professional who understands both special needs and the financial complexities of cash flow and taxes. Watch now to gain valuable insights for your child’s future.

If you're caring for a family member with special needs, you already know how crucial it is to plan for their future. But when private funds are limited, it can feel overwhelming to navigate the path forward. In today’s vlog, we’ll explore how you can maximize your resources by tapping into available public resources. From government programs to community services, there’s help out there that can make a real difference. Let’s dive into the options you can start using today to create a more secure future for your loved one.