May 16, 2019
In episode 156 of Financially Simple, Justin talks to Jonathan Peyton of Horizon Ridge Wealth Management about creating financial security for a Special Needs child.
Making sure that your children and loved ones are taken care of is a priority, especially in the case of children with special needs. Justin and Jonathan discuss the various ways that you as a business owner can ensure their financial wellbeing.
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ARTICLE TRANSCRIPT: BLOG: Hiring Your Special Needs Child - A Unique Employee with Unique Benefits
01:56 - Should I Pay My Special Needs Child From My Business?
06:39 - How Could Paying Your Special Needs Child Help or Harm Them in The Future?
16:12 - Why Does it Matter For The Child?
19:37 - What Are The Potential Pros and Cons of Giving The Child an income?
23:58 - What is The Threshold for Maximised Benefit - 3 Things to Consider
31:05 - In Summary
34:39 - Wrap Up
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Horizon Ridge Wealth Management
Special Needs Financial Planning
Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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