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Five Steps for Staying in Financial Control with Long-Term Disability
Date:8/22/2008

Allsup executive Paul Gada outlines key financial concerns, including Social Security disability, for people with degenerative diseases during National Young-Onset Parkinson's Network Conference in Atlanta.

Belleville, Ill. (Vocus) August 22, 2008 -- The diagnosis of a long-term degenerative disease like http://www.allsup.com/About-SSDI/SSDI-Guidelines-by-Disability/Parkinsons-Disease.aspx [Parkinson's disease] raises obvious fears, but patients usually have some time to make plans for their financial future, according to http://www.allsup.com/ [Allsup], which represents people nationwide for http://www.allsup.com/About-SSDI/Free-SSDI-Evaluation.aspx [Social Security Disability Insurance] (SSDI) benefits.

"Realistically, people with gradual-onset diseases like Parksinson's, http://tinyurl.com/6nfwax [Lou Gehrig's disease] or http://tinyurl.com/6xgmnj [multiple sclerosis] have some flexibility in their financial planning," said Paul Gada, personal financial planning director at Allsup. "They are going to try to keep working as long as possible."

Time is one asset these individuals have compared with others who are injured or suddenly disabled, said Gada. He outlined key steps for individuals making financial plans for themselves and their families during a seminar at the Young-Onset Parkinson's Network Conference in Atlanta on Aug. 7 to 9.

Degenerative diseases can provide time for individuals to better educate themselves on all aspects of their situation, including finances.
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