Articles that focus on the financial challenges related to people with autism (Supplemental Security Income (SSI), government programs, savings accounts, wills, cost of programs, therapies, a lifetime of care). This includes articles by financial advisors.
Let’s first define “why” you would want either type of account. One of the main reasons families create a Special Needs Trust and open an ABLE account is because these are the only two accounts in which your child with autism can have money in excess of $2,000 and still qualify for government benefits such […]
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Parents of adult disabled children have a greater reason than most to fear their death. What will happen to my child? How can people of modest means plan for those 20 or 40 years between our death and the death of that adult child? What if the child’s abilities cannot be readily translated into gainful […]
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How to apply for autism grants Applying for grants can seem like a daunting process. Don’t let paperwork, reference letters, and the waiting game discourage you from filling out an application. As an increasing volume of research on autism spectrum disorders (ASD) is published, public awareness is rising, and services—including grants—are more readily available than […]
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Could you describe the changes in the ABLE account rules that were brought about by the new federal tax legislation? As most of you know, the ABLE Act was passed back at the end of 2014 and paved the way for individuals diagnosed with a disability before the age of 26 to save money without […]
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Question: “We have three children, and only one of our children has autism. How do we know the amount of money we need to provide for each of our children?” It is very common to feel uneasy about determining the amount of money that your child with autism may need for a lifetime of support […]
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Question: “My husband and I have been researching special needs trust, and we have realized there are multiple types. Would you mind describing the types of special needs trusts that exist and the reasons for each? Answer: You are correct. Special Needs Trust is a broad term that can comprise various types of trusts. We […]
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Question: It is the beginning of a new year, I want to start saving for my child’s future, and I heard quite a bit about the ABLE Accounts. Is an ABLE a good account to begin saving in for my child’s future? — Abigail Saving for your child’s future is a great step in helping […]
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If you are the parent, caregiver or representative of a child younger than 18 who has disabilities, there are many possible government benefits that you and they could be eligible to receive. In addition, an adult who became disabled in childhood prior to age 22 might also be eligible for benefits as well. Supplemental Security […]
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I was so proud when one of my recently-graduated students with autism got a job at his family-run jewelry store. When I visited him there, he was the only one working, and a few customers were browsing. I was interested in purchasing a necklace, so he took out a few large trays of jewelry which […]
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Question: “I am in the military and heard there is a new benefit for military retirees that can help my child with autism. Is this true? If so, what is it?” – Jerry The simple answer to your question is YES. For those individuals who have served our country for their career in one of […]
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