Shifting Perspectives - Special Needs Planning
I came across this story right before I left for vacation and I wanted to highlight it for everyone. Providing for a Special Needs Child describes an interesting conversation between two parents about the unique estate planning issues families with special needs children face.
I am afraid the discussion of providing a secure future in case things do not go according to everyone’s own life plan happens all too infrequently based on the number of conversations I have had myself recently with families unaware of how critical it is to implement a plan to provide quality of life to a special needs child if the unexpected should happen.
What is the plan for educational needs?
Who will pay the medical bills if your child is no longer on your health insurance?
Will your child only survive with the bare minimum from government benefits programs or will you put in place a plan for the same quality of life you would provide?
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Index Tags: estate planning, special needs, special needs trust





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