A Stash Of Cash For The Future
Many people with disabilities rely on their parents for financial support well into adulthood. But as people with disabilities live longer and are more likely than ever to outlive their parents, good financial planning is paramount. Not only do parents have to find savvy ways to save enough money to support their kids into old age, they also must ensure that such savings doesn’t preclude their child from government funding like Social Security. Enter the special needs trust. The Wall Street Journal breaks down what’s involved in creating a trust and other steps to consider as you plan for the future. To read more click here.