Special Needs Trust

And the first thing I'll say is that these are very complex.

For sure.

And

so there are designations out there for this specific thing to help families navigate this.

Yeah.

lawyers that help you to do that and so we are no experts

totally

but we are gonna give you some kind of high level and then we're gonna kind of walk through this just for those people who have maybe a special needs child or maybe have maybe this could be a cool planning And

hopefully this gives enough perspective to realize, oh, there's some opportunities here I might be missing out on to then go reach out to someone.

And this might be a podcast like you don't have that or you send it to somebody who might have it or might have an opportunity here.

For

sure.

The other thing I'll say is.

specifically when you go to send this out and try to get your child qualified a lot of times it'll be denied the first time yeah even when there's a professional doing it so you have to be kind of tenacious in this you have to kind of work through this but the byproduct of it is very powerful and super helpful so we're going to talk about two accounts today we're going to talk about a special needs trust we're going to talk about able accounts yeah And then we might even get into some legislation on what's changed in the past couple of years that I think is important to know.

So Cody, let's have you start it off and

then I'll pipe in when I need to.

But if you're

like rocking, I don't know if I'll talk a lot.

All right,

we'll see.

But I mean, the name of the game is governmental benefits.

Like that's the whole point of this, right? That's absolutely right.

To maximize the benefit that your special need child can get.

And by strategically putting these trusts, these accounts in place, it allows you to get potentially a lot of governmental benefits.

And that's what we're trying to help explain to you guys some of the ways to do that.

And the first thing I'll say is that these are very complex.

For sure.

And

so there are designations out there for this specific thing to help families navigate this.

Yeah.

lawyers that help you to do that and so we are no experts

totally

but we are gonna give you some kind of high level and then we're gonna kind of walk through this just for those people who have maybe a special needs child or maybe have maybe this could be a cool planning And

hopefully this gives enough perspective to realize, oh, there's some opportunities here I might be missing out on to then go reach out to someone.

And this might be a podcast like you don't have that or you send it to somebody who might have it or might have an opportunity here.

For

sure.

The other thing I'll say is.

specifically when you go to send this out and try to get your child qualified a lot of times it'll be denied the first time yeah even when there's a professional doing it so you have to be kind of tenacious in this you have to kind of work through this but the byproduct of it is very powerful and super helpful so we're going to talk about two accounts today we're going to talk about a special needs trust we're going to talk about able accounts yeah And then we might even get into some legislation on what's changed in the past couple of years that I think is important to know.

So Cody, let's have you start it off and

then I'll pipe in when I need to.

But if you're

like rocking, I don't know if I'll talk a lot.

All right,

we'll see.

But I mean, the name of the game is governmental benefits.

Like that's the whole point of this, right? That's absolutely right.

To maximize the benefit that your special need child can get.

And by strategically putting these trusts, these accounts in place, it allows you to get potentially a lot of governmental benefits.

And that's what we're trying to help explain to you guys some of the ways to do that.