Grant Rawdin spends a lot of time helping his clients cope with children with disabilities, typically the type that do not include severe physical or mental handicaps. He estimates that about 10% of his clients have an adult child with an “atypical” issue — from substance abuse to autism — that presents a lifetime of financial planning challenges.

“When you ask a client whether they have any special-needs issues, they’re likely to say no. But when you get into talking about each of their children, there is a good chance that one of them has a situation that they need to make special provisions for,” he says. “It’s a recurring theme that can take up to 10% to 20% of our meeting time — or more.”

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access