Importance of Special Needs Planning
If you have a child with special needs you should have some special needs plan which is very important because it will give the child an extra layer of protection to the child. When you have the special need planning, it helps you to make plans for the future of the child who is disabled or a family member who is disabled this will help you to have a peace of mind because you know no matter what happens things will be under control. Most of the time people in the family do not consider this process of special needs planning because at times the process can be overwhelming and confusing . When you have decided to have the special need planning, it is the best decision that you can make, this is because it will be the only way that you can protect your child .
When you have these special need planning; it is important that you have the tool of a special letter of instruction. The letter of intent is important since it works as a guideline when you have special needs plan. When you have a letter of intent it will guide the person that will be taking care of your child who has special needs . When you have the last will it is also essential in a special need plan .
When you have written down your will, it includes who you have trusted in handling the assets, and the person will give them to your child . If you do not have any will,you will learn that the government will intervene and know how the property should be divided . Having a will help in knowing how your wealth will be distributed, and also people will know the person that you are entrusting your children with .
When there is trust, you can easily have the needs plan . With the special need tool, you can use this to protect the property that you have because you know that your child will still receive the kind of care that the child needs. When you have the special need trust as a tool when you are planning; it will enable you to have a more peace of mind because you are very sure that no matter what happens your child will still be taken care of.
When you have the special need plan, you should include the person you want to look after your child, and you should state how you want the wealth to be distributed . Each of these individuals plays a separate and distinct role, so you will want to consider your choices and alternates carefully so you can make the best choices of how you want your special child being taken care of .
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