Description
Proven strategies to help you care for your special needs family
In Care, Protect, Grow: Empower Your Family Through Special Needs Financial Planning, a team of experienced financial planners delivers a holistic blueprint for the successful management of the complex challenges that come from navigating life as a special needs family. The book is an in-depth overview of how to piece together the disparate components you need to make sense of—including financial planning, care planning, investing, taxation, legal considerations, government benefits—in order to provide for your family.
You'll learn to calculate the lifetime cost of care of a loved one, establish a care plan to address day-to-day supports, and understand how different decision-making supports—like Power of Attorney, Guardianship, and Supported Decision-Making—work:
Inside the book:
- Tax planning and tax efficiency strategies in a changing legal landscape
- Retirement planning tips and investing considerations for people responsible for a child with special needs
- Techniques to minimize insurance risks, understand employee benefits, and how to know when permanent life insurance may be necessary
Perfect for people in special needs families, the families of people with a developmental disability, and the families of people with a rare disease, Care, Protect, Grow is an invaluable resource for anyone with a professional or personal stake in the support of families of people with special needs.
Table of Contents
Preface xi
Author’s Statement on Publishing and Ai Assistance xiii
Chapter 1 Introduction to Our Journeys 1
Chapter 2 Introduction to Special Needs Planning 9
Chapter 3 Advocacy Within the Planning Process 23
Chapter 4 Understanding and Building Your Care Plan 41
Chapter 5 Financial Planning Over Two Generations 63
Chapter 6 Government Benefits and Special Needs Planning 95
Chapter 7 Tax Flexibility and Strategy 119
Chapter 8 Insurance: Protecting the Future with Confidence 131
Chapter 9 Estate Planning Strategies and Concepts 147
Chapter 10 Special Needs Trusts: Their Role in Estate Planning 161
Chapter 11 Decision-making Support: Balancing Protection and Autonomy 175
Chapter 12 Investing for Two Lifetimes: Building Enduring Wealth Through Income and Growth 189
Chapter 13 Self-care: Preserving Your Health, Identity, and Well-being 203
Chapter 14 Relax and Enjoy 217
Chapter 15 Planning for Military Families 231
Chapter 16 Education, Section 504, IEPs, and Your Child 245
Chapter 17 Special Needs Planning and Grandparents 261
Chapter 18 Sibling Supports 271
Conclusion: The First Step Is Yours 283
Notes 287
Acknowledgments 291
About the Authors 293
Index 295
