If you have a child with special needs, planning ahead for his or her financial future — especially in terms of insurance — is complex. “The reason is that every situation presents itself with a different set of circumstances,” explains insurance agent Dave Beck.
In his appearance on “Let’s Talk Live,” the partner at financial services firm Egan Berger & Weiner, LLC, in Tyson’s Corner, VA, suggests a three-part process to help make it easier to develop a strategy that will work for your family.
Reporter Angela Stribling asked Beck:
1. How do parents begin to prepare for a child with special needs?
2. What are some of the legal considerations parents should consider when planning for a child with special needs?
3. What are the major considerations of insurance planning for parents of a child with special needs?
4. What are the major considerations for retirement planning that parents of children with special needs should take into account?
Don’t miss this segment. And be sure to check out more of Beck’s insurance insights at www.EBWFinancialNews.com.