Financial Advisors
We believe that when an injury is permanent, the settlement should be too. Our expertise in assessing long-term financial needs of individuals who have experienced a catastrophic life changing event can help financial advisors determine if a structured settlement annuity or an investment account should be the vehicle to fund the individual’s Trust. By collaborating with CCN, financial advisors can help ensure the unique financial needs of their clients are considered.
Services
Legal and Trustee Cost Analysis
We understand that having to navigate the medical side of a traumatic health injury or illness is stressful enough. However, more often than not, these events require heavy legal and financial attention as well. We work with your legal and financial team to ensure you are properly thinking about and planning for your current, future, and estate planning needs in a smart way. Whether it is insurance, trusts, estate planning, budgeting, or any other issue, we will make sure nothing slips through the cracks as you focus on taking care of yourself.
Benefit Analysis and Guidance
In coordination with the Trustee, we provide an analysis and guidance on current and/or future government benefits (SS, SSI, SSDI, Medicare, Medicaid). This is done to ensure the client is protected for the future. Sometimes a trust can disqualify a client from receiving these benefits. We are able to present the pros and cons of the impact the Trust will have on these benefits and how that impacts the client’s financial future.
Navigating Special Needs Trust (SNT)
A SNT is a specific vehicle that helps to protect the assets of a child or adult with a physical, mental health, or intellectual disability. The assets in the Trust are used for the benefit of the individual with a disability to improve his or her quality of life. There are rules and restrictions on a SNT that allow for the continuation of government benefits. Our team is very experienced in working with SNT clients.
Additional Services to Support Financial Advisors:
Future Cost Projects
Medicare Set Aside Projects and Submission
Special Needs Analysis