Before Your Child Turns 18: What Special Needs Parents Need to Do
What happens when your child with a disability turns 18? A whole lot changes overnight—at least on paper.
In this episode, Dr. Nate Noble sits down with financial planner Matt Stagner to talk through special needs planning before adulthood arrives. They cover guardianship, SSI, Medicaid, ABLE accounts, special needs trusts, wills, beneficiary designations, powers of attorney, and the documents families need in place before the legal landscape changes.
They also talk about how to avoid the classic “we’ll deal with that later” trap. Because later has a funny way of showing up wearing a suit, carrying paperwork, and asking for documents nobody can find.
Whether your child is 5, 15, or staring down their 18th birthday, this conversation will help you understand the next steps without making your head explode.
This episode is for educational purposes only and is not legal, tax, or individualized financial advice. Planning rules and benefits vary by state, so work with a qualified special needs attorney and financial professional in your area.
Topics discussed include: special needs financial planning, guardianship, SSI, Medicaid, ABLE accounts, special needs trusts, estate planning, beneficiary designations, letters of intent, and planning for adulthood.
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Disclaimer: While I am a doctor...I am NOT your doctor. The medical information presented in this video is for your information only and is NOT meant to be used for diagnostic or treatment purposes. This information is not "patient education" because YOU and your loved ones are NOT my patients. Watching this video might make us YouTube friends but does NOT create any patient-physician relationship and should NOT be used as a substitute for talking your YOUR doctor. This information is NOT a substitute for professional diagnosis and treatment. I accept NO responsibility, and have NO liability for for any damages, loss, injury or liability suffered from your reliance on the information contained in this video. By watching this video you agree to the aforementioned terms and conditions stated above. Bottom line....this is a Podcast, not a doctor visit.