Special Needs Planning with Ken Piercey, JD | Retirement Lifestyle Show
A short clip, 2 of 2 and peek into the episode "Special Needs Planning with Ken Piercey, JD" on The Retirement Lifestyle Show with Roshan Loungani, Erik Olson, and Adrian Nicholson. You will want to listen/watch the whole episode here: https://youtu.be/GWBG8m59U9Y
OR in your favorite podcast app - links below.
In the full episode they talk to Kenneth Piercey, a Trust attorney specializing in proper estate planning, estate tax elimination, asset protection, special needs planning, probate, and Medicaid. They talk about special needs planning, the benefits of setting up a third-party special needs trust, and how to avoid the scary possibility of guardianship.
Time stamps below can be found by listening to the full episode: https://youtu.be/GWBG8m59U9Y
[01:24] Getting to Know Kenneth Piercy
[04:33] Understanding Special Needs Planning
[07:23] The Relative Risk of Divorce For Parents of Children With Special Needs
[08:42] How Special Needs Planning Has Evolved Over the Past Decade
[13:40] The Benefits of Working With a Special Needs Expert
[18:00] The First Step When Setting Up a Special Needs Plan
[20:27] How Often Should You Review a Special Needs Plan?
[21:48] The Ever-Evolving Duty of a Trust Protector
[24:37] The Biggest Mistake People Make with Special Needs Planning
[27:00] Why You Need an Experienced Estate Planning Attorney
[31:43] First-Party Versus Third-Party Special Needs Trusts
[35:00] The Benefits of Setting Up a Third-Party Special Needs Trust
[37:53] The Best Times to Get an Asset Manager
[43:20] Ken's Advice to People Yet to Set Up a Special Needs Trust
[45:40] Elder Law and Estate Planning
[50:26] Avoiding the Scary Possibility of Guardianship
[52:40] Parting Thoughts
Episode Resources and Links:
Ken's email: Kenneth@Piercyassociates.com
Ken's Phone number: 224.848.4645
Website: https://pierceyassociates.com/
Follow on Facebook: https://www.facebook.com/pierceyassociates/
Roshan Loungani can be reached at roshan.loungani@aretewealth.com or at 202-536-4468.
Erik Olson can be reached at erik.olson@aretewealth.com or 815-940-4652.
Adrian Nicholson can be reached at adrian.nicholson@aretewealth.com or at 703-915-8905.
If you want to listen to, or share, this episode from your favorite podcast app then you will find it listed as '"RL117 - Special Needs Planning with Ken Piercey, JD" in Spotify, iTunes, Anchor.fm and so on... see links below.
Visit Anchor.fm for ALL the links to several podcast sites:
Anchor.fm: https://anchor.fm/roshan-a-loungani
Spotify: https://open.spotify.com/show/354IACA2UGM1DMsX8pfKlQ?si=0bfKMPI9TS29JogpOLnG_Q
iTunes: https://podcasts.apple.com/us/podcast/retirement-lifestyle-show-roshan-loungani-erik-olson/id1470410459
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Disclaimer
Welcome, you are now listening to the retirement lifestyle show with Roshan Loungani Erik Olson and Adrian Nicholson. This show is an exploration of ideas to help you work towards your ideal retirement. Roshan Loungani and Erik Olson serve clients across the US. They offer financial planning and investment advice through Arete Wealth Advisors, LLC, an SEC registered investment advisor and securities through Arete Wealth Management LLC, member FINRA, SIPC, and NFA. Get ready for the financial independence of your dreams. All opinions expressed by podcast hosts and guests are solely their own are based on information they believe is reliable. Neither Arete Wealth nor its affiliates, warrants its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions consult a professional. Finally, our music is the chance by Jason Shaw and Audionautix. It’s part of the YouTube Audio Library and it's licensed under a Creative Commons license.
Thank you for listening.