The simple answer is, yes. Be proactive ensuring that your special needs child’s future is in order after you’ve left this Earth. Have a plan.
Contact an attorney to determine if a Special Needs Trust (SNT) would be beneficial. In its simplest form, a SNT allows government benefits that your special needs child may be receiving to remain in place throughout their life. The SNT can help subsidize government benefits for various other needs.
You’ve faced the daily challenges of raising a special needs child. Those challenges don’t go away after you’re gone. Someone else will have to take over.Advocate now for your special needs child. Can you name an Agent to act on behalf of your special needs child? Put preferences down on paper so your child’s Agent understands what is important to you and the care needs of your child.
What happens if no one is named to act as an Agent? The Court steps in through a guardianship. Guardianships are public record. They can also be expensive and typically continue until your child passes away. Instead, keep your child’s private life, private. Work steadfastly to have someone in place to act as your child’s advocate after you’re gone because if you don’t, a court will.
Finally, educate yourself. Most likely, the challenges will increase and become more complex as the special needs child ages. Find out what programs are available for 30, 40 or 50-something disabled adults. Keep up on the programs available to assist with the needed care- and don’t wait to plan!
It’s never too late to contact one of our knowledgeable attorney’s at AlerStallings to request a consultation on Special Needs Planning. Call us today 855-335-8300