These 5 Financial Steps Will Help You to Plan for Your Special Needs Child
Planning for your child’s special needs can be a daunting task. Thankfully, there are 5 financial steps you can take to make the process go smoothly. These include preparing a will, setting up a special needs trust, opening an ABLE account, and creating a guardianship plan. Taking these steps now can help you protect your child’s future. Listed below are the steps to consider:
Prepare a will
One way to prepare a will for your child with special needs is to include View full post…
A recent study was done by a major financial institution on the millennial generation and their money. One of the major revelations was that approximately eighty percent of these individuals that participated in the survey, stated that they learned how to survive and save after seeing how the great recession impacted their elders. Financial planning for millennials didn’t appear to be that important.
We’ve all seen those movies where an attorney calls or sends a certified letter saying that some distant relative, twice removed, has passed away, and left you several million dollars. When the shock subsides and you stop shaking, you begin to wonder what you can do with this new found wealth. Financial planning usually isn’t at the top of the list.