Advance Your Wealth – Financial Planning for a Special Needs Child – Paul Peters

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On the latest installment of Advance Your Wealth, we’re going to examine a challenge that many parents face: raising a child with special needs.

There are a number of financial planning strategies and solutions that can help parents navigate a path through the financial uncertainty that comes with raising a child with special needs. Listen as Homer shares his own personal experiences with this topic and the various solutions available to help parents along the way.

Timecodes:

0:06 – Introduction and overview on the topic of the day

2:32 – The challenges that arise for parents who have a special needs child

4:19 – The various expenses that arise

5:30 – The need for long-term financial planning is paramount

7:56 – Government assistance that is available for these cases

9:00 – The ABLE account and its value

12:50 – There are a number of options available

14:25 – How you can get in touch with Homer and his team to discuss this topic further

15:31 – Closing remarks

Connect with Homer Smith:

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