Significance 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. Special needs planning to give you the peace of mind and you get confidence when you know the future of your child or another family member who is having special needs . At times family members find it hard to do this process because at times it can be devastating 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 .
A special letter of instruction is a critical component of a special need plan . The letter of intent functions as a roadmap for any person involved with your child’s future care . A special of instruction is a working document that enables a prospective caregiver to carry out your wishes and manage the needs of your particular child . It is good that you write down your wishes since they talk about how they can be followed when having a special need plan.
When you are writing a will, it is important that you consider stating the person you entrust both your property and your special child. If you do not have any will,you will learn that the government will intervene and know how the property should be divided . By preparing a will, you decide how you want your estate to be distributed, and you also identify the person you wish to name as the guardian of your child or children .
A special need trust is a fundamental object that you can use in this special need plan. When you have the special need trust it acts as a shield of the inherited properties so that the beneficiary will still get the protection . 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 special need planning, you should include the name of the person you want to be taking care of your children or the special child, and you should include how you want your assets to be divided. Every person Planning for the future requires thinking about the kind of life you want your child to have when you are no longer able to provide care .