Special Needs Saving Plans

At some stage parents must realise that their children with special needs and their own personal financial situation are tied together. By parents building their own financial security first, they will also help to create a much brighter future for all. How parents can achieve this is by taking small steps in their personal finances […]

Have you been turned down for Domiciliary Care Allowance?

The following are tips I’ve picked up over the years when working with parents of special needs children. It can be stressful going through the process of applying or appealing a decision on Domiciliary Care Allowance but with a little preparation you can increase your chances. Always remember that eligibility for Domiciliary Care Allowance is […]

Domiciliary Care Allowance

The starting point for all entitlements is Domiciliary Care Allowance. This is a monthly payment for the benefit of your child. It is not means tested. I have nicknamed this the gate opener because when you are in receipt of this allowance then other entitlements are made available to you and your child. The official […]

Domiciliary Care Allowance Application

Domiciliary Care Allowance is paid to more than 24,000 parents in respect of 26,000 children at an estimated cost of €100 million in 2011. The Respite Care Grant cost a further €45 million. The trends that I am seeing is one group are applying for Domiciliary Care Allowance and struggling to get the allowance. The […]

Do you have a child with special needs?

Financial Wellbeing is a company dedicated to special needs financial planning & guidance. We hope that after looking through our website that you will get a greater understanding of the financial issues facing you as a parent with a child with special needs. We hope you get a better grasp of benefits, entitlements, tax credits, […]

Importance of Professional Advice

I was contacted recently by Mary who wanted advice. She was born with a physical disability and was doing well.  She had inherited around €80,000 from the proceeds of a house sale after her mum passed away. For the first time in her life, she now had money to invest. You would think this would […]