Are you a caregiver to someone with special needs? Here are 10 steps to help get you started on preparing for the financial future.  Remember that each family's needs are unique, so you should consider your own situation carefully and seek tax advice based on your particular circumstances.  

If you have a parent or loved one who is 65 or older, chances are you’ve begun to give some thought to their future. More specifically, you’ve probably considered whether they’ll be able to age in place or whether they’ll need to move into an assisted living facility. According to the Department of Housing and Urban Development, most seniors prefer to age in place, which is perfectly understandable. If that is the route you and your loved one choose to take, here’s some good news—making the home more accessible for an aging senior doesn’t have to be a huge, costly project. Here are a few steps to take that will help make the process as easy as possible.

Much has been written about the Sandwich Generation — that population of 24 million caregivers who are squeezed between caring for children while simultaneously caring for an older parent. According to a 2013 Pew Research study, 47 percent of people in their 40s and 50s fall into the Sandwich Generation category and one in seven of these adults are providing financial assistance to college-age children and older parents.