Family Needs Planning

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What is family needs planning? This is a specialized form of capital advising and financial planning that Pallas Capital Advisors offers as a specialty. Our ability to offer complete and comprehensive family needs planning services is one thing that sets us apart from others in our field. Whether you’re making a plan for your child’s college education, to take care of kids with special needs, to plan for medical and retirement for aging parents, or any other family financial needs, we’re here to help.

Education Planning

There’s no argument that college is expensive, and it’s not likely to get more affordable any time soon. Still, if you begin planning early, it’s possible to ensure that your child has access to the funds they need for a good secondary education. At Pallas Capital Advisors, we are experienced experts in helping parents and guardians make the right investments and financial moves.

The options for financial planning for education are many. Just a few include:

Registered Education Savings Plans

Education IRAs

529 Plans

Education Savings Accounts

And Many Other Options

We’re here to go over the best options available and help you make all the right moves to assure your child’s future.

Financial Planning for Special Needs Children

Families who have children with special needs face a wide range of unique challenges, both physical and financial, which can drain your resources quickly. Among the most difficult to navigate are those related to medical care. Health insurance is expensive and may even be difficult to obtain and maintain. It also may not cover everything you need; you may have to cover caregivers, therapy, and other medical care costs.

The right financial advisor can help you to build and maintain the tools and resources you need to ensure financial planning for special needs children. We can help you to stay abreast of the latest changes in regulations and make important recommendations and referrals. Not only can we help you with your current planning, we can also help with investments to assure your child’s future. From the right investment accounts to taking advantage of the ABLE (Achieving a Better Life Experience) Act of 2014, we’ll help to ease the burdens of the challenges you face.

Planning for Aging Parents

Family-Needs-PlanningAs your parents age into retirement, your family will face a number of financial challenges. The right retirement planning services will help with those challenges, enabling your parents to live comfortably in their golden years. A sudden tragedy, like a stroke or the onset of Alzheimer’s, can change everything in an instant. It’s important to be able to handle unforeseen emergencies, medical directives, end-of-life needs, estate planning, and even issues like the need for long-term care facilities.

Discussing these issues can be uncomfortable, but it is incredibly important. At Pallas Capital Advisors, we’re ready to walk you through all of these contingencies and create a comprehensive financial plan to protect you and your aging parents throughout their golden years.

If you’re ready to put together a complete and comprehensive family needs planning financial package, Pallas Capital Advisors are here to help. Just get in touch with us for more information or to get started today.

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Advisory services are only offered to clients or prospective clients where Pallas Capital Advisors and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Pallas Capital Advisors unless a client service agreement is in place.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

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