Special Needs Children
In Securing Future for a Disable Child, USA Today, June 24, 2005, Sandra Block provides an overview of factors that a parent of a disabled child should consider to provide for the child’s care such as a special needs trust.
The key considerations for a special needs trust include:
- a letter of intent,
- a carefully selected trustee, and
- a proper method of funding the trust.
The article also reports a MetLife survey that a majority of parents of special needs children have not even prepared a will.
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