One of the steps we here at Protected Tomorrows work on with families is making sure parents/caregivers have critical estate planning completed, including their Special Needs Trusts. We help them understand how it fits into their planning and connect them to their local special needs attorneys.
Some families can afford to take this step, but some who might need simple documents just delay it or do not even start it, due to not being able to set aside funds for this critical step. Families are likely already incurring costs for education, transportation, and medical care for their loved ones, so many are already strapped financially. I am hoping this year we can start to find solutions for families who need the extra help.
Recently, I was privileged to be invited onto the “Friends Talk Money” podcast hosted by financial planning columnist Terry Savage for an episode titled, “Helping Families With Special Needs.” It is well worth watching, especially toward the end when I describe how we are starting discussions with attorneys in the National Academy of Elder Law Attorneys (NAELA) to bring down the cost of estate planning for families with special needs. We have seen this work locally, and I hope that we can help jointly facilitate a program in the coming year.
Speaking of things cooking, did you catch Olympic fever watching the Paris summer games? They will conclude August 11, followed by the Summer Paralympics starting August 28 and concluding September 8.
The Olympics present an opportunity not only to be inspired by acts of courage and skill, but also an integral part of the notion of increased inclusion and diversity. The Paralympics, by putting the incredible abilities and successes of para-athletes on display, create an opportunity to make a difference and help our society become a more inclusive one.
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