The money is only half of it. Just because you have substantial wealth, doesn’t mean you have a holistic, sustainable plan. And, the story will likely change over time.
Several of the decisions ahead of you have deadlines attached — ABLE account eligibility, guardianship filings, insurance conversion windows, and Medicaid waiver waitlists, which vary considerably by state. Timing is important, and delays only reduce choices and flexibility for your adult child (and you).
Your retirement, your other children, and your own long-term care belong in this plan rather than beside it. A plan that protects your child at the expense of your own security is not a finished plan.
Benefits, waivers, school transition services, and adult services each have their own rules and their own gatekeepers. We help you work through them rather than handing you a list.
Planning for a child with a disability is not traditional financial planning with an extra document attached. Traditional planning generally projects forward from a set of assumptions — you retire, your children become independent, the plan winds down. Those assumptions do not hold in the same way here.
You may also need help with today — with whatever is squarely in your path right now, whether that is a transition meeting next month or a form no one has explained to you.
Your estate planning attorney. Guardianship and its alternatives, the Special Needs Trust, powers of attorney, and the documents that come up before your child turns 18. We coordinate with your attorney; we do not provide legal advice.
Learn moreYour benefits specialist. They identify what your child may qualify for at the local, state, and federal level, and they produce the cost analysis that informs the question no one else answers: how much the trust is likely to need. We work with several specialists depending on your child’s needs.
Learn moreWe are the quarterback. We hold the whole plan, and keep the other two moving, and we are the ones you call when you are not sure who to call.
Learn moreRunning alongside all three: the Quality of Life Plan — where your child will live, who will be in their life, what a good day looks like — and the Letter of Intent, the document that gives their Replacement Team what you know that no one else does...the little things and the big things about your adult child’s caregiving and care coordination needs.