Steps to Protecting a Child with Disabilities

The cost of raising a child to the age of 18, now costs about $300,000.00, and that doesn't even include college! For a child with special needs, that cost can more than triple. Without proper preparation, your child’s lifetime needs can quickly outstrip your funds. Dustin with Mundorf  Wealth Management  recommends to Erin Kennedy  that you:

• Coordinate with Government Benefits 
• Prepare Your Estate 
• Identify a Caregiver 
• Involve the Family, Seek Professional Guidance

You may also consider a special needs trust. Proactive planning means you, your child, and your family will be okay in case the worst happens. And keep in mind, estate planning for a child with disabilities is not a one-time event but an ongoing process. If you'd like to speak with Dustin about preparing your estate and your finances, please text or call the number on the website, or book a free chat by visiting www.LongLiveMyMoney.com.

#SpecialNeedsTrust #WealthManagement #FamilyFinances #Retirement