
A Special Child Needs Special Planning

While planning for the care of a child with special needs certainly tops the list of emotionally charged topics, the peace of mind parents gain from a well-designed estate plan is immeasurable.
The mere idea wrenches the heart of any parent: if untimely death or disability strikes, who will care for your children? Because no one is immortal, most of us recognize the need for an estate plan, preferably one that appoints a suitable guardian for our children, sees to their financial needs, and avoids probate.
In the best of circumstances, it’s a task requiring clear thinking and good legal advice. But when a child has special needs, the challenge intensifies.
Before we explore estate planning strategies for parents of children with special needs, let’s look at why all parents need an estate plan.