Planning and Advice

First Five Steps in Special Needs Planning

What is special needs planning? The focus of special needs planning is to protect and secure the future of our loved ones with disabilities.

Creating a Legal Plan for Your Child’s Future

There is no “one size fits all” approach that parents of a child diagnosed within the “autism spectrum” should take as the child approaches their 18th birthday. The abilities and the needs of each child are unique and should be evaluated to create the best legal plan tailored for that child’s future. When a child reaches the age of majority and becomes a legal adult, it is an exciting and scary time for both the parent and the child.

Financial Planning: What You Need to Know from the Experts

Merrill Edge, which started in 2010, has announced some new programs that will help parents and caregivers of individuals with special needs.  Specially trained financial advisors have the tools to help families with special needs that do not have a great amount of investable assets.

Medical Malpractice and Cerebral Palsy

Do you know your rights when it comes to medical malpractice and cerebral palsy?  Cerebral palsy a serious injury that occurs before, during, or just after birth; causes include lack of oxygen to the brain, head trauma, infection, or premature delivery.  The cost of caring for a child with cerebral palsy can be great, and you do have the option of pursuing compensation through a medical malpractice

Special Needs Parenting: Planning for Retirement

An estimated 58 percent of Americans die without a will.  Life expectancy for individuals with special needs has increased significantly; for example, adults with Down syndrome now live to about 60, an increase from age 25 in 1983.  With statistics like these, it’s becoming even more important for parents of special needs children to prepare for retirement

Bank of America’s Merrill Edge Launches Program to Help Families with Special Needs Children

May 29, 2012 -- Bank of America announced today that Merrill Edge will launch a new program that offers parents and caregivers in mass affluent families the advice and guidance to help prepare them financially to take care of a loved one with special needs, while managing their own long-term goals.

Do I Really Need a Will?

There are many good reasons to create a Last Will and Testament (Will) prior to death. First, it allows you to specify who will inherit your estate. In the absence of a Will (or a trust or other arrangement to pass your assets at death), a state law sets forth designations as to who will receive your assets. If you are married, live in a community property state and the bulk of your estate is comprised of community property, your spouse will inherit most or all of your estate.

A Special Needs Planning Timeline: 9 Steps to a Sound Family Plan

Planning for the future well-being of your children is a daunting task for any parent.  Add the complexity of adequately providing for the future care of a son or daughter with special needs and the process becomes exponentially more challenging.

SSI Benefits for Children with Disabilities

The Social Security Administration, or SSA, offers some benefits for children with disabilities.  SSI, or Social Security Income, is typically paid to adults who are 65 and older and who meet low income and limited resources requirements; however, some children will also meet requirements for SSI payments.