Special Needs Financial Planning
Planning for the financial future of a loved one with special needs requires thoughtful coordination and a long-term perspective. Families often have to consider not only their loved one’s immediate needs, but also how financial decisions today may affect their future care, independence, and access to important resources.
At Carson Wealth, we work with families to develop thoughtful financial strategies designed around the unique needs and circumstances of their loved ones. Our team includes a Chartered Special Needs Consultant (ChSNC®), providing specialized knowledge to help families navigate the financial considerations that can come with special needs planning.
Planning for Today and the Future
Special needs financial planning may involve a number of interconnected considerations, including:
- Special needs trusts and other planning strategies designed to help preserve eligibility for certain government benefits
- ABLE accounts and other savings strategies
- Understanding and coordinating available government benefits and resources
- Long-term financial planning for a loved one’s care and quality of life
- Estate planning considerations and the transition of financial responsibility between generations
- Developing a plan for the resources needed to support your loved one over the long term
A Collaborative Approach
Special needs planning often involves more than financial investments. It may require coordination among financial advisors, estate planning attorneys, tax professionals, family members, and other trusted professionals.
We work closely with your existing professional team—or can help you identify appropriate professionals when needed—to coordinate the financial aspects of your plan and help keep everyone working toward the same goals.
Our goal is to help families feel more prepared and confident about the financial future of their loved ones, while creating a plan that can adapt as circumstances and needs change.
*Carson Wealth does not provide tax or legal advice. We encourage you to consult with your tax or legal professional regarding your specific situation.