A disabled child or grandchild
needs specialized planning both to protect assets for his or her prolonged
care and to protect such child’s ability to receive government assistance
after your death.
Planning for the disabled child
varies depending upon the particular disability; the child’s immediate and
anticipated future needs; and the financial resources that may be available
to that child after your death. Planning tools can include Special Needs or
Supplemental Needs Trusts, creditor protective trusts, pooled trusts, or
similar instruments created within, or provided for under, your last will
and testament or revocable living trust. Choosing the right planning tools
and strategies should only be done with an attorney experienced in these
matters.