Children with special needs require more care and support than other children. We all instinctively know this to be true. We know they need a different education. We know they need different health care. We know that children with special needs generally need more money for their care than other children.? A major question that arises for parents of children of special needs is how to make proper arrangements for the care of their special needs children after the parents pass away?
There is no simple and easy solution for parents with special needs children. Government funding is being diminished all the time due to statewide budget cuts. With a sluggish economy, private charities have less to give. This places a larger burden on parents now and a larger burden to make sure that their children are taken care of when the parents pass away.
There are solutions.? Estate planning attorneys can help you to create Special Needs Trusts to provide for your children. They can also help you to decide who will administer the Trust and how to properly fund the Trust. Talk to one today.
The Law Offices of Richard B. Schneider, LLC is a member of the American Academy of Estate Planning Attorneys.
Source: http://www.rbsllc.com/blog/estate-planning/planning-special-children/
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