Estate planning is an absolute must for parents of a special needs child, who often receives government benefits.
The plan must be tailored to meet their concerns by including a special needs trust. Unlike intestacy, a special needs trusts allows your child to benefit from an inheritance while preserving eligibility for government benefits. Plus, your child’s inheritance is carefully managed by a trustee you selected.
A special needs trust supplements government benefits, provides a better quality of life and preserves your child’s lifestyle when you are no longer able to care for them.