Special Needs Trusts: Projecting Lifetime Costs for a Child with Disabilities

How do you figure out how much to leave in a Special Needs Trust? This is a question that many special needs families wrestle with.

In this video, Ellen sits down with chartered special needs consultants Ken Prodger and Scott Gill of Special Needs Planning Group to break down the financial projection process for families with a loved one who has disabilities.
Together, they explore the real questions families ask:

How much will my child need over their lifetime?
What if I also have neurotypical children to plan for?
Should we rely on public benefits like SSI, SSDI, or Medi-Cal?
How do we project costs like housing, medical care, and support services?

Ken and Scott explain how financial professionals use tools and real data - from housing decisions to benefit eligibility - to model out a child’s future needs and ensure the trust is properly funded.

Whether you're starting your special needs planning or looking to refine your estate plan, this video will help you make more informed decisions.

If you need help walking through this process, please contact Ken and Scott at https://www.snpg.org/.

And if you are ready to create an estate plan that meets your unique needs and protects your family, schedule your consultation today at https://cookmanlaw.com/talk-to-intake....

00:00 - Intro
01:44 - How financial projections are calculated
04:37 - How financial projections work with public benefits
06:37 - Why financial projections are unique for each family and situation
07:33 - How long does it generally take to produce financial projections?
08:57 - What happens if a family already has a financial advisor they love working with?
11:40 - Getting the right people in the right seats on your planning team
12:15 - Acting as your child’s financial advocate

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