How Having a Special Needs Loved One Affects Estate Planning and Retirement Planning
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Q. Our daughter, Sophie, has an Autism Spectrum Disorder (ASD). She is verbal, but needs lots of help academically and with her social skills. She may not be able to live independently when she becomes an adult. When it comes to retirement planning, it is a balancing act to try to know how much to put aside for her, and how much to put aside for ourselves. If we put it all aside for Sophie to make
sure she's taken care of, but then have nothing left for us, that's not going to work really well, and the same if we don’t leave enough for her. What are some things we should consider, as parents of a special needs child, when it comes to estate planning and retirement planning? Thanks for your help!
Critter Corner: When a Loved One or Pet is Distressed by Fireworks
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Tomorrow is the 4th of July and despite the coronavirus, I heard that our new neighbors will be putting on a big fireworks display. I'm concerned about my husband, who has dementia, and our senior dog, Hodge. What are some ways to deal with firework distress on the 4th of July?
Order Books by Evan Farr, 4-Time Best-Selling Author
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Certified Elder Law Attorney and Medicaid Asset Protection Expert, Evan H. Farr, CELA, has written four best-selling books in the field of elder law. For more information and to order, click here.
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