Special Needs Financial Planning for Families
Having a family member with Special Educational Needs (SEN) can create additional challenges in our day to day lives, even more so when there are significant milestones and key decisions to make regarding their financial future. Living with a disability is different for everyone with our circumstances being unique to us all. As parents/carers, we often worry about the future and have many questions including;
- ‘How will the day to day living costs be taken care of?’
- ‘Do I need to save as much as possible now or will they get help from the Government?’
- ‘If they have their own money, will this affect anything such as benefits?’
- ‘What if they will never be able to make financial decisions? What happens when we are no longer here?’
Michelle Harrison has personally experienced these thoughts and questions for her son William. William has complex additional needs, he will always depend on his family and others for both financial and emotional support and guidance throughout his life.
Meet Michelle
Special Needs Financial Adviser
I know first hand that finding the answers to the questions above, and others, isn’t always easy. I am very fortunate to do the job I do because it has given me so much more knowledge and insight which has enabled me to carefully plan and protect William’s future as well as considering what we need for our family.
I feel very passionate about helping others and I work with local organisations, schools and charities to reach out to parents and carers to share my own personal experience. I have helped many families by really getting to know them, understanding their aspirations for the future and by putting the right plans in place to protect their family.
I am able to offer first hand experience, to share my knowledge both from a personal and financial advice perspective in a straightforward way which is unique when it comes to providing financial advice.
How can we help?
Protection
Helping you to be more prepared for the unexpected and providing peace of mind that you can leave a legacy for your loved ones.
Investment Planning
Making your money work hard for you and your family and ensuring that any legacies are carefully planned for through Trust planning.
Trusts
A trust can be an invaluable financial planning tool, both helping mitigate tax and giving you control over how and when your wealth is distributed and provide protection for your family. A trust places the right money, in the right hands at the right time.
Retirement
Ensuring that you remain focussed on your own future and having clarity on what this could look like. Making sure your loved ones are taken care of through specific trust planning.
Will Writing
We have access to a network of professional specialists who can help and guide you in ensuring that your wishes are taken care of and the distribution of your estate is carefully planned for.
Power of Attorney & Court of Protection
Using our external professional contacts we can provide insight into the most suitable route to take, ensuring that you are able to make financial decisions on behalf of your loved ones if they are unable to do so themselves.
Financial Wellbeing
How can you manage your money to consider tax, benefits and education implications.
Workshops
If you are part of a family with SEN or additional needs, join one of my workshops by contacting us.
Please note that advice on Wills, Trusts or Powers of Attorney will necessitate the referral to a service that is separate and distinct from those offered by St. James's Place. Trusts, Wills and Powers of Attorney are not regulated by the Financial Conduct Authority.
