Special Needs Financial Planning
Proper special needs financial planning isn’t like traditional financial planning where we focus only on your stability, it’s planning to ensure the stability and comfort for multiple generations. Special needs financial planning helps provide control and helps give authority to define the quality of life for your son or daughter with special needs as they grow into adulthood and beyond. Part of our role at Issaquah Financial is to help families establish realistic goals based on their personal circumstances and objectives. We help you prepare for what it costs and show you how to get it done.
As you know, money is not the only factor you need to consider when making your special needs financial plan. You must also consider who will "carry on" your plan to ensure the well being of your child. We will talk with you about getting a team of trusted friends and family in place and make sure they understand everything. We will also identify other factors you need to consider, such as:
- Financial
- Legal
- Government
- Family and support
- Future earning abilities of your child
We believe that your plan should prioritize your family as a whole, so while we are planning for the future of your child with special needs, your life, as parents, will still be significant. Once we've established your goals and objectives, we will help you work toward meeting both your parental goals and lifelong needs of your child with special needs.
The sooner you start coordinating your assets, investments, insurances, and estate plans, the less likely you are to be caught off guard. A good financial adviser will be one of the most valuable assets on your special needs financial planning team, and Issaquah Financial would love to be part of that team!
