Charting a Path Forward for Children and Adult Children With Special Needs

Amidst the rich and diverse landscape of American society, a significant segment—over 42 million people—faces the daily challenges and experiences of living with disabilities. This group represents a wide array of conditions, ranging from developmental disorders like autism and ADHD to various physical impairments and enduring health issues.

Establishing Financial Security for Tomorrow

Central to special needs planning is creating a foundation of financial stability. Vital government programs like Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), and Medicaid play a significant role in providing support. Yet, ensuring the complete financial well- being of your child often necessitates exploring further options such as special needs trusts and life insurance policies. Partnering with experts in special needs planning, our firm guides families through integrating these essential financial tools into a comprehensive plan. This approach not only maintains access to crucial government support but also safeguards your child’s eligibility for such programs.

Building a Supportive Network

Beyond financial planning, establishing a network of care is imperative. This network might include choosing a guardian for making critical medical and life decisions, appointing a reliable trustee for any special needs trust, and crucially, involving your child in these decisions to ensure they feel secure and supported.

Moreover, arranging care responsibilities—whether through family, personal care assistants, or community-based living arrangements—creates a balanced life for your child. Each care option presents its own set of advantages and considerations. Our role is to help families navigate these choices, empowering their child with both the independence they desire and the support they need.

Leveraging Technology and Community Engagement

The rise of assistive technology has revolutionized independence and engagement for those with special needs, offering tools for home automation, medical monitoring, and more. Likewise, participation in day programs and community activities can foster social skills, personal development, and a sense of community belonging.

Drafting a Letter of Intent

An essential component of planning is the drafting of a Letter of Intent (LOI). This document serves as a detailed blueprint of the child’s life, capturing their routines, aspirations, and the standards of care desired by the parents. It acts as an invaluable guide for future caregivers, ensuring the continuity of care and lifestyle preferences in the parents’ absence.

Charting the Path Forward

Advising on the future for a child with special needs is a profound responsibility, blending financial, personal, and emotional considerations into a cohesive strategy. Our firm specializes in collaborating with legal experts and community resources to develop a plan that not only addresses immediate needs but also ensures a prosperous, independent future for your child.

In this journey, the most potent asset is a strategic vision for your child’s capabilities and future. Through careful planning and dedicated support, every child with special needs has the potential to flourish, making their unique mark on the world. At Maxiam Capital, we’re committed to turning this vision into a reality, providing families with the guidance and resources necessary for their child’s success and well-being.


The content contained in this article represents only the opinions and viewpoints of Maxiam Capital’s editorial staff. The views and opinions and/or analysis expressed are those of the author as of the date of preparation of this material and are subject to change at any time without notice due to market or economic conditions and may not necessarily come to pass.
Furthermore, the views will not be updated or otherwise revised to reflect information that subsequently becomes available or circumstances existing, or changes occurring, after the date of publication. The views expressed do not reflect the opinions of all investment personnel at Maxiam Capital, LLC (“the Firm”), and may not be reflected in all the strategies and products that the Firm offers.

Forecasts and/or estimates provided herein are subject to change and may not actually come to pass. Information regarding expected market returns and market outlooks is based on the research, analysis and opinions of the authors or the investment team. These conclusions are speculative in nature, may not come to pass and are not intended to predict the future performance of any specific strategy or product the Firm offers. Future results may differ significantly depending on factors such as changes in securities or financial markets or general economic conditions.

This material has been prepared on the basis of publicly available information, internally developed data and other third-party sources believed to be reliable. However, no assurances are provided regarding the reliability of such information and the Firm has not sought to independently verify information taken from public and third-party sources.

This material is a general communication, which is not impartial and all information provided has been prepared solely for informational and educational purposes and does not constitute an offer or a recommendation to buy or sell any particular security or to adopt any specific investment strategy. The information herein has not been based on a consideration of any individual investor circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal or regulatory advice. To that end, investors should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision. Articles and content provided may contain links to third-party websites or resources. Maxiam Capital does not endorse and is not responsible or liable for their availability, accuracy, the related content, products, or services.

Past performance is no guarantee of future results.

This material is not a product of Maxiam Capital’s Research Staff and should not be regarded as a research material or a recommendation.

The whole or any part of this material may not be directly or indirectly reproduced, copied, modified, used to create a derivative work, performed, displayed, published, posted, licensed, framed, distributed or transmitted or any of its contents disclosed to third parties without the Firm’s express written consent. This material may not be linked to unless such hyperlink is for personal and non- commercial use. All information contained herein is proprietary and is protected under copyright and other applicable law.

GUEST AUTHOR: By Faisal Al Hashim, ChSNC®

Leave a Reply