Special Needs Trusts with Brynne Conroy - PLUS Asset Protection and we try to make insurance sexy
Money Tree Investing · Money Tree Investing Podcast
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Brynne has one child with special needs. How does this change the way she does her financial planning and investing?
In general, her plan is to "save everything". But even doing that, Brynne says she does not "max out my retirement accounts to a point where I feel that an ABLE account or a Special Needs Trust is necessary or necessarily financially viable."
ABLE stands for "Achieving a Better Life Experience Act", which are tax-advantaged savings accounts for individuals with disabilities and their families
Listen in as Brynne explains how ABLE accounts work, how someone would benefit from having an ABLE account, and how she's working to live a beautiful life within the choices and parameters available to her.
For more information, visit the show notes at http://moneytreepodcast.com/239