Special Needs Financial Planners Green Bay WI

Read on to learn information on special needs financial planners in Green Bay, WI and gain access to public-private funding, special needs trust establishment, traditional investments, insurance services, and special needs supplement reporting, as well as advice and content on special needs financial panning.

Innovative Counseling, Inc.
1-920-497-6161 or 1-866-460-8848
Green Bay, WI
Support Services
ABA, Therapy Services, ABA/Discrete Trial, Behavior Assessment, Behavorial Intervention, Floortime, Play Therapy, RDI, Sensory Integration, Social Skills Training, Verbal Behavior
Ages Supported
1-5 Grade,11-12 Grade,6-8 Grade,9-10 Grade,Adult,Kindergarten,Preschool

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Integrated Community Resources, Inc.
(920) 448-4540
201 West Walnut Street
Green Bay, WI
Support Services
Support Organization

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ABC for Health - Health Insurance Law Firm
(608) 261-6939
152 W. Johnson Street, Suite 200
Madison, WI
Support Services
Disability Advocacy, Legal Services

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Bureau of Developmental Disabilities
(608) 266-1140
Dept. of Health & Family Services, PO Box 7851
Madison, WI
Support Services
Early Intervention, Government/State Agency, Therapy Providers

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St. Francis Childrens Center
(414) 351-0450 (Front Desk) or (414) 351-8851
6700 N. Port Washington Road
Milwaukee, WI
Support Services
Early Intervention, Education, Occupational Therapy, Physical Therapy, Speech Therapy, Therapy Providers

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Autism Resources and Services
(920) 432-1230
125 S Jefferson St
Green Bay, WI
Support Services
ABA/Discrete Trial, Therapy Providers

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Northeast Wisconsin Chapter ASA
(888) 428-8476
209 S Huron Street
De Pere, WI
Support Services
Disability Advocacy, Support Organization

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Diane Caubel
(414) 225-1436
Davis & Kuelthau SC
Milwaukee, WI
Support Services
Disability Advocacy, Legal Services

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Patrick Scott, M.D.
(608) 785-0038
3454 Losey Blvd. South
La Crosse, WI
Support Services
Biomedical Intervention, DAN! Pediatrics, Medical

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Madison Area (WI) Chapter ASA
(608) 213-8519
2935 South Fish Hatchery Road #101
Madison, WI
Support Services
Disability Advocacy, Support Organization

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Common Mistakes Parents Make With Their Special Needs Trusts

Common mistakes parents make with their special needs trusts

Heath Burch, CFP

We meet a number of families each year that have already met with a planner in an attempt to design a special needs plan. The plans are put together with the best of intentions in hopes of providing ongoing care for their loved one with special needs. Unfortunately, many of these plans are incorrectly designed and fall short of providing the desired outcome.

The most common errors we see are often related to the drafting of a special needs trust. We'll outline below three of the most common mistakes we encounter when working with reviewing these trusts.

Each week we review a number of special needs trusts given to us by parents simply looking to confirm that what they have works. The family has done exactly what they thought they needed in that they have created a trust in order to provide ongoing care for their loved one with special needs should they no longer able to provide it. The problem is that many of these documents are put into place without the parents truly understanding what they are signing.

We've seen documents that do not successfully preserve access to benefits like social security, often the primary goal of the trust. We have encountered documents that make the state (Medicaid) the named beneficiary of any assets remaining after the child's life in cases when it is not necessary. At times we have even seen documents that ultimately disinherit a child with special needs without the parents even aware of the fact.

If you aren't certain that your legal documents are designed as you intended or worse, you aren't sure exactly what they contain, please get them reviewed by an attorney that specializes in this type of planning. It never hurts to get a second opinion and provide yourself the sense of security of knowing that you have a well-drafted, effective set of legal documents to protect your family.

In the event that you have a well-drafted special needs trust your work may not be done. If the attorney or advisor you worked with hasn't walked you through how to title all of your various assets and you haven't moved most of your assets into the trust when appropriate, or directed them to the trust through a beneficiary designation or transfer on death designation when appropriate, you aren't done.

This is not an easy task, which is exactly why so many families walk into our office without having it done. There are a lot of reasons why the titling work may not have been done. It is possible the advisor didn't want to take on the responsibility. Maybe you weren't sure how to title an asset such as your house in the trust? Or maybe you had every intention of updating your beneficiary designations, but just forgot or ran out of time?

Regardless, you must finish what you started. If the attorney or advisor that helped you with the trust hasn't helped you finish the job, it is your responsibility to find someone who can.

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