Haddad Nadworny Fri, May 01, 2020 @ 02:59 PM 6 min read

People + Money = Options

The Special Needs Financial Planning Team at Affinia Financial Group John Nadworny, CFP, CTFA | Cynthia Haddad, CFP, ChSNC | Alexandria Nadworny,  CFP, CTFA

Who are Your People? Please join us 🎧to find out!

your team

Tune in on Friday, May 8 @ noon for our mini-webinar, The People.  In this webinar we will lay out a step-by-step approach to identify and empower the people who will care for your child when you are no longer able to do so. Topics will include:

  • Where to begin
  • Formal and Informal roles
  • Who is on your team: Family, Community, Professionals

Join us! RSVP to Alex Nadworny @ ANadworny@AffiniaFG.com

People + Money = Options 

While physical distancing at home, focused upon keeping ourselves and our families safe and healthy, it is easy to feel vulnerable. Although the vast majority of us will come through this pandemic without damage to our health, it is time to pause, think about what is important to us and take action. 

What are the options you would want your family to have if something were to happen to you?

What decisions would provide the best situation for each family member, including your child with special needs, and for your whole family collectively?

Many times, these complicated questions do not have clear-cut answers but that should not deter you from getting started. Along the same lines, here are two tips to keep in mind as you begin to think about your plans for the future:

  • Accept the assumption that nothing, including your planning, is ever perfect and should be etched in stone.

  • Know that revisions to your planning can be made, and in fact should be made, over time.

While personal circumstances are likely to change, it is important to get started; a primary reason families fail to have a plan in place is procrastination.

A To- Do List to get started.

For many parents, their first priority is to be sure their child will be cared for when they are no longer able to do so themselves. There is no question that a comprehensive estate plan, drafted by an attorney specializing in estate planning, is the best way to ensure your wishes are completed.  However, there can be no effective estate plan without two critical pieces in place: the people and the money. 

Here’s your to-do list to get started or if you have completed your estate planning, to review. Download a copy of this list here

To do list -1-1

 

Please call us to review your options for life insurance or to discuss your beneficiary designations; we can help. We offer a complimentary phone consultation to discuss your circumstances and planning needs. 

And don't forget to tune in for Friday's webinar! RSVP to Alex

This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.

Financial planning and investment advice offered through Affinia Financial Group, LLC, a registered investment advisor. Securities offered through LPL Financial, member FINRA/SIPC. Special Needs Financial Planning LLC, Affinia Financial Group, LLC and LPL Financial are separate entities.