Author Archive for: ‘Cindy’

WSJ:  Financial Help for Parents of Special-Needs Children

WSJ: Financial Help for Parents of Special-Needs Children

By ELIZABETH O’BRIEN June 12, 2016 10:06 p.m. ET Increasing lifespans make retirement planning more of a challenge for everyone—but especially for parents of disabled children. Many disabled persons are living longer today. Those with Down syndrome, for instance, have a life expectancy of 60, compared with 25 in 1983, according to the National Down […]

Continue Reading —›

 

Help for agents under a power of attorney

Help for agents under a Power of Attorney

Continue Reading —›
Creating an ABLE Account for a Child With Special Needs

Creating an ABLE Account for a Child With Special Needs

If you are a parent or a guardian of a child with special needs, you know the added costs of raising a child in this situation. The Achieving a Better Life Experience (ABLE) Act lets you create a tax-free savings account for your child without jeopardizing other public assistance. Until this act, you couldn’t save […]

Continue Reading —›
Guardian versus Conservator: What is the Difference?

Guardian versus Conservator: What is the Difference?

There is often confusion about what a guardian does as opposed to what a conservator does. The two roles are similar but distinct. A guardian is a court-appointed fiduciary who is responsible for ensuring that all the personal, day-to-day needs of a child or incapacitated adult are taken care of. In the case of a […]

Continue Reading —›
Guardianship versus Power of Attorney

Guardianship versus Power of Attorney

I am often asked about the difference between a guardianship and a power of attorney. Or, a parent has told me that they do not need a guardianship for their intellectually disabled child because they already have a power of attorney. Hopefully the following will clarify the difference. What is a guardianship? A guardian is […]

Continue Reading —›