279. What Should Parents of Children with Disabilities Know About Estate Planning?

Planning for the future of a child with disabilities is a complex and emotional journey, but taking proactive steps can help ensure a stable and fulfilling transition into adulthood. Families often face significant challenges when essential services suddenly end, making it crucial to have a well-structured plan in place. In this episode of A Wiser Retirement® Podcast, Casey Smith and Meaghan Timko, MS, BCBA, Founder at Parallel, share valuable insights on estate planning, financial strategies, and legal considerations to help parents navigate this critical process.

Related Podcast Episodes:
- Ep 146: The Power of Life Insurance to Meet Your Family’s Goals
- Ep 214: What is disability insurance and do I need it?
- Ep 224: Living in the Moment While Planning for the Future

Related YouTube Videos:
- What is the role of a trustee?
- Tips to Safeguard Assets for Future Generations

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This podcast was produced by Wiser Wealth Management. Thanks for listening!

Chapters

• 0:18 The Journey from Uncertainty to a Plan
• 3:03 Introduction to Parallel's Services
• 5:04 Megan's Personal Story and Motivation
• 10:49 The Reality of No Planning: Peanut Butter Falcon
• 15:55 Financial Planning Challenges for Families
• 21:39 Special Needs Trusts and Guardianship
• 26:00 The Client Journey and Process
• 30:18 Housing and Education: Critical Decisions