One of the biggest issues for parents of children with special needs is how to make sure that the children with special needs are taken care of after the parents pass away. Special needs children can be extremely expensive and many families have no choice but to spend almost all of their incomes to care for their children. This leaves the parents with the problem of knowing that they need to find a way to make sure that their special needs children have money after the parents pass away.
Many families come up with various solutions to the problem that do not help nearly as much as the parents intend them to help. A common solution is to take out life insurance policies and to name the special needs children as beneficiaries on the policies. The unfortunate aspect of this solution is that it can make the child unqualified for needed government assistance.
Do not attempt to plan for your special needs children on your own. Experienced estate planning attorneys can help you come up with better solutions that will work for your family and your children. Solutions that do not disqualify your children from receiving government assistance.