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, theyre 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. Its a recurring theme that can take up to 10% to 20% of our meeting time or more.
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