Hi, I’m Neil Mahoney, a Senior Consultant and the Chief Operating Officer at Oak Wealth Advisors. And I’m excited to bring you Tip #4 of our Top 10 Special Needs Financial Planning Tips.

Thanks for tuning in and look Tip #4 is to use Special Needs Trusts to supplement government benefits and protect the individual with a disability.

A Special Needs Trust is a cornerstone of effective special needs financial planning.

Having a trust in place, even if it doesn’t have any money in it yet, can help ensure that government benefits are not jeopardized by parents’ money ending up directly in the name of their son or daughter with special needs.

For more information and resources on Special Needs Trusts and their importance in special needs financial planning, visit our website.

Tip #5 coming next month!