Elder Care & Special Needs Planning

Many families often face difficult circumstances when sandwiched between planning for their retirement, assisting with aging parents, and/or planning for the the needs of a child with disabilities. Careful planning is required to identify and assess options as well as adjust housing plans when a parent(s) or child’s needs change. As actively involved advisors, we can help implement strategies to accomplish your parent’s and/or child’s long-term goals.

Due to the nuances of elder care and special needs planning, it requires advanced coordination of financial, tax, health care and legal professionals who are experienced in planning for elders and individuals with disabilities.

We provide a personalized approach and ongoing commitment to help you maximize the independence and quality of life for your elder or disabled family member including perspectives and guidance about:

  • Trust and Estate planning

  • Medicare planning

  • Long-term care

  • Referrals to family support resource


Working in collaboration with specialized legal and tax advisors, we can help you create a Special Needs Trust.  Offering both immediate and long-term support, it can:
  • Help meet ongoing cash-flow needs

  • Preserve eligibility for means-tested state and federal benefits

  • Provide financial support for  a wide range of quality-of-life purchase, activities, and services



 

Wells Fargo and Company and its affiliates do not provide tax or legal advice. Please consult your tax and legal advisors to determine how this information may apply to your own situation. Trust services available through banking and trust affiliates in addition to non-affiliated companies of Wells Fargo Advisors.