This book aims to address various financial planning concerns that a family may have about a member who needs special care. It provides comprehensive analysis of the various elements which need to be covered while planning for the future of a child with special needs, and the financial and legal aspects that are relevant in this regard.<\/p>\n
What to expect from the book?
\nThe first parts of the book help readers understand the life a family with an individual with special needs. It highlights the growing population of individuals with special needs, and the challenges faced by their families. The book has presented life stage-specific challenges that an individual with special needs may face from childhood to adulthood. Mr.Solanki addresses the financial considerations to bear in mind for care of an individual with special needs during his\/her lifetime.<\/p>\n
The book addresses some of the most important questions that families are constantly thinking about-<\/p>\n
How can I as a parent organize finances for my child after my demise?<\/em><\/strong><\/p>\n What provisions can I set aside for my child\u2019s care?<\/em><\/strong><\/p>\n How can I prepare a Will to secure my child\u2019s future?<\/em><\/strong><\/p>\n How do I identify a suitable guardian for my child?<\/em><\/strong><\/p>\n What are the guidelines to create a private trust and manage one that fits well for the family\u2019s welfare?<\/em><\/strong><\/p>\n What is a letter of intent, and why is it important?<\/em><\/strong><\/p>\n Financial planning described in the book highlight ways to effectively identify all the income resources available, working out a child-care budget and providing ways to identify the corpus required by a parent today. The other important stage of life for a parent who has a special needs dependent is late adulthood \u2013 the retirement phase. Financial planning for these parents isn\u2019t just restricted to their own self-care expenses but additionally meeting the expenses of their child who has special needs.\u00a0 The book throws light on means to allocate funds for meeting both these expenses post-retirement.<\/p>\n The book highlights the possibility of eventualities like health emergencies or death of a parent, and measures to handle these situations through proper financial planning. The book addresses details about procuring life insurance, health insurance and disability insurance to financially safeguard for any eventualities. The book also takes readers through potential investment strategies and ways to identify the most viable financial investment on a case-by-case basis.<\/p>\n The book also provides income tax exemptions or deductions available to families with a special needs dependent. To help parents stay organized about different aspects of financial planning, the book provides tips and action plans to its readers.\u00a0 Additionally, the book provides an extensive reference list of government resources available to families with regard to special needs care.<\/p>\n To buy the kindle or hardcover version of the book, click here.\u00a0<\/a><\/p>\n DISCLAIMER: Please note that this guide is for information purposes only. Please consult a financial advisor for any legal consultations or advise pertaining to your needs.<\/strong><\/p>\n UDID three point agenda <\/a>to start financially planning for your differently-abled child.<\/strong><\/p>\n If you\u2019re seeking more information and guidance on this topic and related areas, Nayi Disha\u2019s <\/span>Know Your Rights<\/span><\/i> (KYR) Program is here to support you every step of the way. By joining, you\u2019ll gain access to valuable resources on government schemes, benefits, financial support, legal rights, and more, all aimed at securing a brighter future for your child. To learn more, visit our chatbot by clicking this link:<\/span> https:\/\/bit.ly\/4dJVCP3<\/span><\/a>, or simply type ‘KYR’ on our helpline number <\/span>844-844-8996<\/span><\/a>.<\/span><\/p>","protected":false},"excerpt":{"rendered":" A complete handbook to create a financial plan for a child with special needs, for a safer and more secure future.<\/p>","protected":false},"author":26481,"featured_media":156206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3213],"tags":[2420],"conditions":[2694,2699,2696,2802,1156,2703,2698,2695,2702,2700,2704],"age_group":[2739,2738,2737,2736],"article_group":[],"_links":{"self":[{"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/posts\/156205"}],"collection":[{"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/users\/26481"}],"replies":[{"embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/comments?post=156205"}],"version-history":[{"count":5,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/posts\/156205\/revisions"}],"predecessor-version":[{"id":292554,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/posts\/156205\/revisions\/292554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/media\/156206"}],"wp:attachment":[{"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/media?parent=156205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/categories?post=156205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/tags?post=156205"},{"taxonomy":"conditions","embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/conditions?post=156205"},{"taxonomy":"age_group","embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/age_group?post=156205"},{"taxonomy":"article_group","embeddable":true,"href":"https:\/\/newtest.nayi-disha.org\/hi\/wp-json\/wp\/v2\/article_group?post=156205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}