A COLDSTREAM CASE STUDY:

DISABILITY SETTLEMENT

In 2009 we were introduced to “Sam”, a young man in his 20’s who had recently received a significant personal injury award due to a disabling accident. The result of the accident left Sam a complete C-4 quadriplegic requiring 24-hour assistance and a modification of all elements of his life to match his disability.

Sam and his family engaged Coldstream’s Disability Advisory Services in order to gain access to our background and expertise in providing holistic guidance to individuals with disabilities. To follow are a representation of the projects that we have conducted on behalf of Sam and his family:

  1. We assisted Sam’s trial attorney with the analysis of whether to establish a Special Needs Trust and led the presentation to Sam and his family about the attributes of this concept.
  2.  We immediately reviewed Sam’s eligibility for any public medical and health care assistance programs that were available and provided them with recommendations.
  3. Sam’s investment program is specifically designed to ensure that all of his needs will be funded throughout his lifetime and that the extremely low risk parameters of his situation are the priority element in all investment decisions.
  4. When Sam decided to build a home to meet his needs, we were directly involved in negotiating the construction contract with his custom home builder and assisted with the financing of the project. Additionally, we engaged a technology consultant to ensure the home had the most advanced voice recognition and adaptive design features in place.
  5. We engaged and assisted an estate planning attorney to work with Sam and his Fiancée prior to their marriage to establish a proper structure that met the unique financial situation. This necessitated a delicate balance between nurturing their blossoming relationship and the pragmatic needs to maintain Sam’s financial viability throughout his lifetime.
  6. Sam suffered a tremendous loss when a family member passed away. We assisted him with closing their estate and addressing the countless projects such as disposing of an automobile, closing outstanding school loans, notifying banks and credit card companies, and modifying estate planning documents.
  7. Sam has a vision of establishing a Charitable Foundation to pursue assisting others in a similar disability situation. We have framed the alternatives available to accomplish his vision and are working with legal counsel and a consultant to ensure his dream becomes a reality.

The Coldstream team members responsible for implementing Disability Advisory Services’ activities have significant expertise and background within the disabled community. We have established key strategic relationships with other service providers to facilitate any projects or initiatives required by our client. We are extremely proud to blend our financial service expertise with our knowledge and appreciation for the needs of the disabled community.

© 2018 Coldstream Capital Management, Inc. & Rainier Group Investment Advisory LLC d.b.a. Coldstream Wealth Management. All data shown includes information from combined entities. All Rights Reserved.