Takeaways The modern family is no longer defined by the nuclear model. Today, blended families — where one or both partners bring children from previous relationships — are increasingly common. So-called “nontraditional” families, including blended
Takeaways Preparing a comprehensive estate plan to protect a child with special needs can be an emotional roller coaster. On the one hand, parents should be relieved that they are taking steps to guarantee that
For families navigating the complexities of raising a child with special needs, long-term financial planning is more than a goal—it’s a necessity. If you’re a member of the Illinois Teachers’ Retirement System (TRS), you may
Takeaways For the tens of millions of Americans living with a disability, financial hardship often accompanies the physical and emotional challenges they can face on the path to full participation in society. Many disabled individuals
Takeaways One in five children in the United States have special needs, per the Annie E. Casey Foundation. These include children with physical, developmental, and behavioral disabilities. Beyond day-to-day responsibilities such as taking a child to
Takeaways Irish actor Colin Farrell, star of the TV crime drama “The Penguin,” made recent headlines in connection with his 21-year-old son James, who has a genetic developmental disability called Angelman syndrome. In an interview
Takeaways For families of children with disabilities, planning for a lifetime of support is both a practical necessity and a compassionate act. One of the most powerful tools available to help secure a stable financial
Takeaways Managing a special needs trust comes with significant responsibilities, particularly when investing the trust’s assets. A trustee must ensure that the trust’s resources are used to enhance the beneficiary’s quality of life while preserving
Takeaways Careful planning for the future of a loved one with special needs is one of the most critical life-protecting tasks you will ever provide for them. To approach the planning process in a meaningful
Takeaways Many parents have their retirement savings socked away in 401(k) plans and individual retirement accounts (IRAs). Retirement assets make up approximately one-third of all household financial assets in the United States. At the end
