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The McKeesport chapter of the National Alliance on Mental Illness, will meet at 6 p.m. Nov. 2 in Room F122, Frable Building, Penn State Greater Allegheny, a spokeswoman said.
The meeting is open to families and friends of loved ones living with mental illness.
A special presentation via Zoom will be given by financial advisor Brian Kelnhofer of 1847 Financial in Conshohocken.
Kelnhofer will provide an overview of government benefit programs as well as strategies for protecting and maximizing eligibility for certain government benefits, the spokeswoman said.
He also will evaluate the Achieving a Better Life Experience Act of 2014, and how it compares to alternative options for setting aside funding for individuals with disabilities.
Kelnhofer will address important estate planning considerations such as wills, special needs trusts and the differences between guardianship and powers of attorney. Strategies will be presented to address funding of special needs trusts, tax planning considerations and ensuring quality of life and lifetime care are maintained for loved ones.
He also will cover the added complexity of planning for retirement with a special needs loved one in the picture. He will discuss this so-called “Three-Person Retirement” along with other financial planning considerations to look at differently when you have a loved one with special needs, the NAMI spokeswoman said.
NAMI is the nation’s largest grassroots mental health organization dedicated to building better lives for the millions of Americans affected by mental illness. For more information about the McKeesport meeting call (412) 527-6600. For the NAMI Helpline, call (412) 366-3788 from 9 a.m. to 2 p.m. or visit www.namikeystonepa.org.
Originally published October 26, 2022.