Planning Considerations for Parents with Developmentally Challenged Adult Children
Planning for the care of a developmentally challenged child is, at best, intimidating and, at worst, an enormous emotional and financial drain on parents as they age. But the consequences of not planning are immense, as the story of Steven, a 63-year old single man, illustrates.
Investors Need Some Accurate Evidence!
We have a light economic calendar with important data on home sales, jobless claims, and durable goods orders. None of these is likely to stimulate higher heartbeats. I expect politics and the election to get plenty of attention in the financial media, especially with an open Supreme Court seat as a new issue.
Small Ways Muni Investors Can Make a Big Difference
Investors increasingly want to align their financial goals with a commitment to improving the lives of others. Two recent projects showcase how municipal bond investors are making an impact.
Funding Strategies for Special Needs Trusts
When parents start the planning process for a child with special needs, they usually work under the perception that if they create a special needs trust, the child will be taken care of and the needs will be met. Unfortunately, creating a trust does not ensure that.
Containing the Crisis
Amid the current crisis, a forceful economic policy response is essential. The central principle here is that the closer we can get economic support to the point where current spending enters the “circular flow” – basic incomes, net rent and lease obligations, utilities, contractual payments, even net interest payments, the better we can support the entire economy.