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Transcript:
00:03 Especially now, there’s a common um theme where there’s usually a child or grandchild that has a special needs. Um Down syndrome is certainly one that’s lifelong. So, families want to take care of that child. The biggest part of planning for a special needs child is to make sure their money doesn’t go to them directly. They are going to have benefits, government benefits throughout their lives, and you never want them to be kicked out of them. You want them to always be qualified and they’re needsbased. So the minute you give them
00:33 money, then they get kicked out of those qualified kind of benefits that they’re supposed to get. So important to put in your estate plan that any money that’s going to your child is going to be in a special needs trust. Very, very important. Anytime grandparents give them money, make sure you tell them, “Please put it in this particular special needs trust.” So super important. Um, I highly, highly recommend some planning when you have a special needs child or grandchild.
