Oak Wealth Advisors
Oak Wealth Advisors
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Special Needs Financial Planning Tip #6 Video
Hi, I’m Aaron Osterberg, Associate Consultant at Oak Wealth Advisors and I’m excited to share tip #6 in our Top 10 Special Needs Financial Planning series.
Tip number 6 is to review beneficiary designations and account titles.
This includes IRAs, retirement accounts, and life insurance policies. It’s crucial to name a special needs trust as the beneficiary rather than listing your loved one with special needs directly. Doing so helps preserve their eligibility for means-tested benefits they may be receiving.
Remember, beneficiary designations take precedence over your will, so reviewing and updating these regularly is an essential step to ensure your wishes are reflected.
Thank you for list...
Просмотров: 197

Видео

Election Outcomes Won’t Result in Immediate Policy Change
Просмотров 3217 часов назад
The seemingly never-ending stream of political ads, text messages, and phone calls has finally ended. Social Media is now creating hysteria around dramatic changes that are on the horizon. However, we need to remain calm and remember that policy changes will not be felt for quite some time. The new administration may WANT to make some immediate changes, but the process for turning an agenda int...
3rd Quarter 2024 Market Update by Oak Wealth Advisors
Просмотров 23Месяц назад
Hi, I’m Ryan McGuire, senior consultant at Oak Wealth Advisors, I'm excited to bring you our 2024 Third-quarter market update. The 3rd quarter provided fantastic returns across the board in the market, led by US small-cap and International emerging markets stocks capping the highest returns of all asset classes for the quarter. US large-cap stocks continued to build on a banner year with return...
Stop Losing a Portion of Your Loved One's SSI Check Video - Oak Wealth Advisors
Просмотров 111Месяц назад
An important update on a new rule from the Social Security Administration, effective as of October 1st, that could increase SSI benefits for those with rental agreements. Under this new rule, if you have a written lease agreement, or as we call it, a ‘fair share agreement’, for at least the Presumed Maximum Value, your SSI benefits will no longer be reduced due to in-kind support and maintenanc...
Top 10 Special Needs Financial Planning Tip #5
Просмотров 18Месяц назад
Tip #5 is to surround your family and loved one with advocates and fiduciaries. Working with fiduciaries who are committed to acting in your family’s best interest is a crucial step in protecting your family. Additionally, having strong and determined advocates who will continue to support your loved one’s needs can make a great difference. We encourage you to visit our website and explore our ...
Tip #4 of our Top 10 Special Needs Financial Planning Tips
Просмотров 25Месяц назад
Tip #4 is to use Special Needs Trusts to supplement government benefits and protect the individual with a disability. A Special Needs Trust is a cornerstone of effective special needs financial planning. Having a trust in place, even if it doesn’t have any money in it yet, can help ensure that government benefits are not jeopardized by parents’ money ending up directly in the name of their son ...
The Oak Wealth Advisors 2024 Cyber Security Recommendations
Просмотров 25Месяц назад
Unfortunately, it’s really the same recommendations we had last year, which is everyone should freeze their credit. You do that by going to the three main credit bureaus who are responsible for retaining and sharing your credit information with anyone trying to verify you for either a new loan, new mortgage, the purchase of a major item like a c or appliances, who needs to verify your credit hi...
The Ultimate Care Guide - The Most Important Document You Will Ever Create
Просмотров 193 месяца назад
What is the most important document you can create to help ensure that your loved one has the best possible life after you die? Most people would think of a special needs trust or a comprehensive set of estate planning documents. While we would agree that these documents are essential, a care plan for your child’s future may be the most valuable thing you can leave behind. Completing a care gui...
Special Needs Financial Planning Tips #3 presented by Mike Walther
Просмотров 163 месяца назад
Hi, I’m Mike Walther, the founder and president of Oak Wealth Advisors, here to share Tip #3 of our Top 10 Special Needs Financial Planning Tips series. Tip #3: We want all families to avoid the most common mistakes that are made when their loved one applies for means-tested benefits such as Supplemental Security Income, and Medicaid. Approximately two-thirds of all initial applications for the...
Market Update - June 2024
Просмотров 274 месяца назад
Hi, this is Ryan McGuire, Senior Consultant with Oak Wealth Advisors here to present our Monthly Market Update for June 2024. June followed the strong returns we witnessed throughout the market in May with another solid month overall. U.S. stocks advanced, outperforming International developed markets stocks but lagging emerging markets over the month. Bond returns have been flat over the year ...
Special Needs Financial Planning Tip No2
Просмотров 274 месяца назад
Welcome to tip #2 of our Top 10 Special Needs Planning Tips series. I’m Randi Gillespie, here to share the next tip. Tip #2 is to register for all the services and benefits you are entitled to receive. There are plenty of different programs out there that an individual may be eligible for, and we recommend working with an expert, or an organization, to uncover all the possible opportunities ava...
Preparing for a Successful School Year
Просмотров 124 месяца назад
When it comes to having the most successful school year, why wait to begin communicating with your child’s teacher or team? Waiting until the first day of the new school year to communicate about your child is a missed opportunity. Think about how challenging it is for the teachers as they start a new school year. They are dealing with welcoming new and old students, listening to parent concern...
Market Update - May 2024
Просмотров 205 месяцев назад
May Market Update May was a great month in the market, listen as Mike Walther breaks down some of the numbers and shares the returns that we have seen across the globe halfway through 2024. Hi, I’m Mike Walther with our May Investment Market Performance Recap. Let's start with the key highlights of this past month. In May, we observed robust returns across most major asset classes. US Large Cap...
Top 10 Special Needs Planning Tips - #1
Просмотров 325 месяцев назад
Hi everyone, my name is Aaron Osterberg and I will be kicking off our new monthly series where we share a tip from our top 10 special needs planning tips. Tip number 1: Connect with other families facing similar challenges, both locally and nationally. Building a support network can make a huge difference. Look for organizations and nonprofits, join social media groups, and participate in commu...
2024 Changes To ISM Rules
Просмотров 1215 месяцев назад
One of the most frustrating things for a family with a loved one with special needs is losing some of that individual's benefits after working so hard to qualify to receive them. In many cases beneficiaries receiving Supplemental Security Income, also known as SSI, can lose up to one third of their income from the government if they receive things for free from other people. This type of loss, ...
Special Needs Financial Planning Advise - Does it make sense to maintain a Special Needs Trust
Просмотров 206 месяцев назад
Special Needs Financial Planning Advise - Does it make sense to maintain a Special Needs Trust
Oak Wealth Advisor's 2024 first quarter market update
Просмотров 247 месяцев назад
Oak Wealth Advisor's 2024 first quarter market update
2024 IRA Distribution Rules from Oak Wealth Advisors
Просмотров 317 месяцев назад
2024 IRA Distribution Rules from Oak Wealth Advisors
Special Needs Financial Planning Tips February 2024
Просмотров 469 месяцев назад
Special Needs Financial Planning Tips February 2024
Election Impact on Investment Market Performance Feb 2024
Просмотров 229 месяцев назад
Election Impact on Investment Market Performance Feb 2024
Oak Wealth Advisors Market Predictions
Просмотров 1110 месяцев назад
Oak Wealth Advisors Market Predictions
How and Why to Freeze Your Credit
Просмотров 4811 месяцев назад
How and Why to Freeze Your Credit
December 2023 Market Update
Просмотров 3111 месяцев назад
December 2023 Market Update
Dr. McDonald’s Groundbreaking Autism Research Presentation
Просмотров 6393 года назад
Dr. McDonald’s Groundbreaking Autism Research Presentation
introduction - Ryan McGuire joins Oak Wealth Advisors, LLC
Просмотров 2303 года назад
introduction - Ryan McGuire joins Oak Wealth Advisors, LLC
A Night with Illinois Special Needs Planning Experts - Video #2
Просмотров 834 года назад
A Night with Illinois Special Needs Planning Experts - Video #2
Learn from special needs planning experts and peers
Просмотров 1255 лет назад
Learn from special needs planning experts and peers
Why Do the Employees of Oak Wealth Advisors Love the Work That We Do
Просмотров 2105 лет назад
Why Do the Employees of Oak Wealth Advisors Love the Work That We Do
Updated ABLE Account Features
Просмотров 2125 лет назад
Updated ABLE Account Features
Special Needs Planning Mistake 10 Failing to Take Advantage of All Available Resources and Planning
Просмотров 555 лет назад
Special Needs Planning Mistake 10 Failing to Take Advantage of All Available Resources and Planning

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