Planning for the future is always a top priority, but when you have a child with special needs, the challenges are often more complex. Beyond managing everyday care and ensuring your child has the education and health resources they need, there’s a financial aspect that requires careful attention. It’s important to understand the right steps to take to ensure long-term financial security and support for your child.
This checklist is designed to help you through the key financial considerations you’ll need to address. It includes:
- Qualification for Needs-Based Public Benefits: Learn how to assess your child’s eligibility for important programs like SSI and Medicaid.
- Setting Up ABLE Accounts and Special Needs Trusts: Discover how to protect your child’s assets and maintain access to benefits while saving for future needs.
- Tax Planning Opportunities: How to maximize available tax deductions and credits, which can ease your financial burden.
- Estate Planning Considerations: Including how to ensure your child’s care and financial security after you’re no longer able to provide it.
- And more!
Whether you’re just beginning to plan, or reassessing your existing strategies, this guide can give you peace of mind and a solid foundation for the future of your family.
If you have any questions while walking through the checklist, please do not hesitate to reach out. You can book a call with our team of financial advisors using the link below.
Bautis Financial LLC is a registered investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.