Trust for special-needs child’s long term care
The heart of estate planning, for many of us, comes down to one issue: taking care of family. We do our best to make decisions that we hope will be right for surviving spouses and children.
Such decisions are especially challenging for parents of children with special needs. The question of “Who will take care of this child after we’re gone?” can be heart-wrenching.
There are financial planners who specialize in this area, and the best option for many families might be to ask a generalist planner like me for a referral to one of them. The following suggestions, then, are intended as starting points or a very general framework on which to build.