If you have a child with special needs, then you know that they often need a lot of money in order to get the basic services they require. This means that you have some extra challenges to overcome in estate planning.
Caring for a child with special needs is not like caring for other children. Other children are expected to eventually be able to support themselves. However, that is not always possible for children with special needs.
Consequently, the parents of a child with special needs must have a plan to care for their child when the parents pass away.
It is not an easy task.
Recently, the New York Times published an article on this very subject titled “Tips for the Future Care of Disabled Family Members.”
The following are key points from the article:
Reference: New York Times (March 27, 2015) “Tips for the Future Care of Disabled Family Members.”
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