There is so much to consider when we think about ensuring financial security for our loved ones with a disability when we’re gone. Protecting disabled adults’ assets and benefits is critical.
Financial planning is helpful even if families don’t have a lot of money. In fact, some professionals might say having a financial plan for your loved one with a disability is more important if your family doesn’t have a lot of money.
Please join Trudy Marsh Grable, Credentialed Person-Centered Thinking & Planning Consultant and wise parent who walks the walk and talks the talk, as she provides an overview of the elements of financial planning, including:
- Public benefits: Supplemental Security Income (SSI), Social Security Disability Insurance (SSDI) with Disabled Adult Child (DAC) benefits, Medi-Cal, Medicare, Medi-Medi, In
- Home Supportive Services (IHSS)
- California Achieving Better Life Experience – better known as CalABLE Account
- Special Needs Trust and the Letter of Intent
- Legal aspects, including conservatorship, durable power of attorney, and supported decision-making
This is the third in a 3-part series focusing on your exit plan.
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This is a Connections California event, a project of Parents Helping Parents – Silicon Valley. Connections California is sponsored in part by the San Andreas Regional Center and the California Department of Developmental Services.
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