The One Financial Services approach to Special Needs Planning is personal because we know firsthand how challenging caring for a special needs family member can be.

Our emphasis is on the importance of protecting eligibility or access to public benefits. Cost of care for an individual with disabilities is significantly high, and if there are funding sources to pay for some or all of them, the preservation of those benefits is paramount.

However, public benefits pay for only some disabled individual’s needs. The extras in life, and more importantly, the advocacy needed after parents have died, will need a funding source.

We explore the financial estimates of what “extras” will be hoped for as a part of the disabled individual’s life after mom and dad have passed and provide calculations of what size endowment will be required to leave the special needs plan adequately funded.

Special needs planning should begin immediately. You and your family will have the peace of mind of knowing that your family member with special needs is provided for no matter what other circumstances may occur. There is no reason to delay, especially when insurance rates skyrocket as individuals age.

One Financial Services Co-founder, Jack Morrone, is an experienced special needs planner. Once Jack knows how you envision the life of your loved one, he will help you plan for that future. Within the process it will be important to consider the following: Where will your loved one live? Will they work? Will other family members be involved? Will they need outside help? Who will manage their medicines? Who will pay their bills?

Special needs planning should take into account all that your loved one may do or want to do in the future, as well as what you want for them. A special needs plan should be considered as an emergency plan in case of your prolonged or permanent absence. It should take into consideration what your loved one’s future might look like.