Financial Planning For A Child With Special Needs
Planning for a loved one with special needs to be cared for after you’re gone may involve some of the most important and emotional decisions you make. And yet it’s critical to be objective about the steps you need to take to ensure not only that lifetime care will be in place for your family member, but also that the quality of his or her life will be maintained.
Establishing arrangements for lifetime special needs care is different than ordinary estate planning. My No. 1 piece of advice is to seek out seasoned financial professionals with experience in special needs planning. These individuals can help you combine continued government benefit eligibility with customized recommendations for your specific situation.
Read more here: Financial Planning For A Child With Special Needs – Forbes.com.
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About The Author
Julia Roberts
Julia Roberts is founder of Support for Special Needs and has been a regular contributor since its inception in May 2010. A mom to two kids with special needs, she didn't want other parents to feel what is the often isolating world of raising a child (or two!) with disabilities. Her kids had kidney transplants at the age of eight and will need liver transplants in the future as a result of ARPKD/CHF. They both have vision disorders and learning disabilities.