As a person with special needs, financial planning can be a daunting task. Thankfully, with the right help, it doesn’t have to be. Special needs financial planning near me can be a great way to ensure that the needs of those with disabilities are taken into consideration and that a secure and comfortable future is planned for.
The primary goal of special needs financial planning is to ensure that those with disabilities have financial security and stability in the long term. This involves having funds set aside that are specifically designated to cover medical costs, disability-related support costs, and other related expenses. Through careful and long-term planning, it's possible to keep funds available to cover these costs without having to worry about running out of money.
In addition to ensuring long-term financial security, special needs financial planning near me can also provide a number of other benefits. For example, it can provide tax-advantaged plans that allow individuals with disabilities to accumulate wealth in a sheltered and protected manner. This can help those with disabilities save for large expenses or cash deposits which are not subject to income tax.
Special needs financial planning also provides peace of mind by helping to ensure that those with disabilities have a financial foundation that is