Author : JITENDRA P S SOLANKI
ISBN No : 9789384061999
Language : English
Categories : FINANCE & STOCK MARKET
Publisher : CNBC TV 18
Financial planning for a family with a special needs dependent can be daunting, as there are many additional variables to consider. There are always concerns about where to start and what should be included in the plan. “Financial planning for the families having children with special needs” aims to provide answers to these questions, and more. It presents a comprehensive approach to creating a detailed plan, towards securing the future of not just the special needs dependent but the entire family as well. The book begins by describing our country's attitude and approach to people with special needs. It outlines the challenges faced by their families and recounts changes that could bring about an improvement in their lives. Step by step, the book handholds the reader through the process of creating a financial plan. While explaining how to estimate the special needs dependent's lifetime care costs and how the plan could meet them, the book is liberally interspersed with illustrative charts and tables. It offers guidance on effective estate planning, with the help of tools such as a will, private trust, letter of intent, power of attorney, and others. It also explains why guardianship is important and what happens when the child turns 18. The author, Jitendra br.S. Solanki, who himself is a financial planner that specializes in advising families with special needs dependents, has equipped readers with tools and templates, which assist families in managing their finances. His website – HTTP//www.Plan special needs.Com – Provides an even more comprehensive bouquet of such tools and techniques. The book concludes with some valuable resources that such families can look to for further information and support, making it a complete guide and financial companion for families with special needs dependents. About the author Jitendra br.S. Solanki is a financial planning expert who has spent 15 years advising families on their financial wellbeing. After gaining experience in the corporate world, he started his own financial planning practice in 2010. Since then, advising families with special needs dependents has been his focus. During the course of his practice, he has met numerous families of this nature and gained a deep understanding into their personal, financial and legal requirements. Married to a doctor, an occupational therapist by profession, he is the proud father of two sons. Jitendra is a post graduate from IIT Roorkee and has earned the much respect Ed professional designation of Certified financial planner (cfpcm). he is also a chartered trust and estate planner and a member of the chartered Institute of securities & investments, U.K. Jitendra, a frequent writer and speaker at public forums, shares his views and wisdom, especially on planning for families with special needs dependents, through various media groups and TV channels.