Families caring for a loved one with special needs often face increased financial pressure, especially when a caregiver’s ability to earn income is affected.
Additionally, in many cases, public benefits may not fully cover the level of care required, making further life-care planning essential.
Wealth Advice Built for Your World
Our experience advising families in the special needs community has also shown that parents often have questions surrounding how to plan for the lifelong care and wellbeing of their loved ones beyond their retirement years.
At the Pienkosz Financial Group of Wells Fargo Advisors, we advise you and your family on how to implement strategies that not only help provide ongoing supplemental financial support for your special someone but also work to help ensure their long-term care and well-being.
Families caring for a loved one with special needs often face increased financial pressure, especially when a caregiver’s ability to earn income is affected.
Additionally, in many cases, public benefits may not fully cover the level of care required, making further life-care planning essential.
Elevated Financial Advice that Clarifies Your Purpose
The cornerstone of our relationship with your very special family centers on providing comprehensive investment planning, to not only you as a parent, but also to disabled children of all ages.
Focusing beyond just sustaining client lifestyle through retirement, our process inevitably leads us into helping these exceptional families fund a means of support for their disabled children beyond the parent’s lifetimes.
We utilize our nine wealth management disciplines — what we call the Lifestyle Continuity Formula — as the foundation of our planning process. This approach is designed to balance your current financial needs while also helping you build and sustain a legacy of support for your loved one.
Our goal is to help parents like you effectively “re-age” your resources by positioning your assets to support both your retirement and the long-term needs of your family. In doing so, we guide you through the complex financial decisions you may face throughout your lifetime and help ensure continuity of care and support for your special someone beyond your life.
Shaping Your Family Legacy with Precision and Care
As part of a comprehensive planning approach, we believe it is essential to develop a long-term strategy that helps preserve both your child’s financial security and their overall physical and financial well-being — especially when you are no longer able to provide care.
This approach requires planning across both our client’s lifespan and that of their loved one with special needs. As a result, engaging closely with the entire extended family—whenever possible—is a key part of our relationship.
We focus on building a comprehensive plan that reflects the full needs of the household. By doing so, we help families support their loved ones’ lifestyle needs both today and into tomorrow.
Assembling a Dedicated Team of Advisors
As part of a comprehensive, multigenerational planning approach, it is important to surround your family with a coordinated team of trusted professionals.
We work closely with you to identify and connect with experienced professionals — such as attorneys, tax advisors, trustees, and qualified caregivers, including family members — who share a common commitment to your family’s long-term goals.
Depending on your loved one’s needs and capabilities, this professional network can help support a wide range of responsibilities, including:
Developing and maintaining a comprehensive estate plan
Coordinating care and professional services (e.g., case managers, caregivers, benefits specialists along with legal and tax professionals)
Identifying appropriate social, recreational, and educational resources
Assisting with housing or transportation needs, including evaluating and modifying a residence or vehicle
Managing expenses, including receiving bills and processing payments for care and services
Supporting required tax filings or court-related reporting
Overseeing investment management to help sustain financial support
Given the complexities involved in supporting a loved one with special needs, having the right guidance in place can help strengthen decision-making and provide continuity of care for your special loved one.
Helping Develop Key Special Needs Relationships
Wells Fargo Advisors does not provide legal or tax advice.
Your estate planning documents should be reviewed by an estate planning attorney licensed in your state who specializes in special needs planning. Clients should review any planned financial transactions that may have tax implications with their own tax or legal advisors.
![](mediahandler/dynamicmedia/679767/Supporting the disabled Picture 4_1200x600.jpg?width=1108&height=732&focalpoint=
document.addEventListener("DOMContentLoaded", function () {
// Select the big play button
var playButton = document.querySelector(".vjs-big-play-button");
if (playButton) {
playButton.style.position = "absolute";
playButton.style.top = "50%";
playButton.style.left = "50%";
playButton.style.transform = "translate(-50%, -50%)";
playButton.style.zIndex = "10";
}
});1,1){kind=spacer}