Future and Financial Planning
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Future and Financial Planning

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Overview

From learning life skills that foster independence to planning for the future our children imagine, there are a number of steps we can take to set our kids up for greater success.

When should I start thinking about helping my child prepare for the tasks of adulthood?

Contents


Overview

When should I start thinking about helping my child prepare for the tasks of adulthood?

What can I do to start planning for my child’s transition to life after high school?

How can I make sure my child has the financial support they need throughout their life?

Top Parent Questions

Do I need to set up a special needs trust?
Special needs trusts are designed to allow families to create a detailed plan for their child’s future, while also making sure the child remains eligible for social services as they get older. The decision to create one is up to you, but there are many benefits.
How do I set up supported decision-making?
Supported decision-making can be written into your teen’s Individualized Program Plan or Individual Transition Plan as a goal. Either a formal or informal agreement can be put into place to list the individual’s wants, needs, and goals, as well as the role of each member.
Should I set up limited or full conservatorship for my child?
When thinking about the future for your child with developmental disabilities, you may need to consider setting up a conservatorship if other options like supported decision-making won't work. Learn the difference between full and limited conservatorships.
How should I prepare for a successful ITP meeting?
Parents and guardians are encouraged to learn more about college programs and Regional Center programs, develop meaningful goals, and identify and clarify goals to set their student up for success.
What is an ABLE account?
The Achieving a Better Life Experience (ABLE) Act allows people with disabilities to build savings accounts without affecting their eligibility for government services. Money accrued in an ABLE account can be used to pay for disability-related expenses.
Can students with intellectual disabilities go to college?
Many colleges, employers, and some branches of the military require a diploma. More opportunities are becoming available as universities become more inclusive for students with disabilities to attend classes, live in the dorms, make friends, and find peer support.

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Author

Brittany OlsenUndivided Editor

An editor and cartoonist who loves using words and images to simplify and share ideas. She has ten years of experience as a copy editor and lives near Portland, Oregon. She often spends her free time going on nature walks with her dog or trying new bread recipes.

Reviewed by

Jennifer Drew, Undivided Senior Editor


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