As a parent, your children are likely a top priority. If you have a child with special needs, this means you may need to make specific plans ahead of time for their future care. You want to have peace of mind that they are living comfortably and have their needs met. If you don’t know where to start, it helps to begin with guidance from a Worcester, MA special needs planning lawyer. We can work with you to create a plan that considers your child’s needs. We can assist with setting up a trust, choose guardians, and make other arrangements so your child will be taken care of. At The Law Office of Polly Tatum, our lawyers have helped parents just like you who want the very best for their children. Please don’t hesitate to reach out today for individualized support.
Special Needs Planning
If anything happens to you, you want to know that your child will have everything they need to be well. Thankfully, your estate plan can address any concerns so that when or if your child is on their own, they still have continued support. Our dedicated special needs planning attorneys understand the estate planning process and can ensure that your child’s future is comfortable and secure. But it is of the essence to start planning as soon as possible. This allows you more time to confirm everything is in order in case something unexpected happens.
Resources For Your Loved One
There are benefits to using a special needs trust, ABLE account, care plan, private insurance, or annuity. Once you have a better idea of the resources that are available to you, we can create a plan for how to support your loved one’s exigencies. For instance, you may need to make sure there is enough funds to cover a comfortable living situation, medical expenses, recreation, or education. We can imagine the worry you may have for a child with additional needs. Getting official legal assurance that they will be taken care of after you have passed on can bring immense relief. We can explain how to set up a trust or other care plan based on your wishes and preferences.
Law Office Of Polly Tatum
No one wants to think about their mortality. But the fact remains that we are not going to be here forever. So parents who have children with special needs may feel overwhelmed at the risk of something happening and it means their child is alone. Depending on the special needs, your child may require monetary support for a lifetime. You can trust the team at the Law Office Of Polly Tatum to be attentive to your wishes and make sure your child is covered through a comprehensive estate plan. The right time to start planning for the future is now, especially if you have children who require additional support to maintain a happy and healthy living. We offer consultation to talk more in-depth about your estate plan goals. To reserve an appointment, contact us as soon as you can.
Ensuring The Future Well-being Of Your Special Needs Child
As parents, we always strive to provide the best possible care and support for our children, especially those with special needs. However, one concern that often weighs heavily on the minds of parents of special needs children is what will happen to their child when they are no longer able to provide care. This concern is entirely understandable, but with careful planning and guidance from a Worcester, MA special needs planning lawyer, you can take steps to ensure the future well-being of your special needs child. If you have a special needs child, contact Law Office Of Polly Tatum for help.
Understanding The Importance Of Special Needs Planning
Special needs planning is a crucial aspect of estate planning that focuses on providing for the unique needs of individuals with disabilities, both during their lifetime and after the passing of their parents or caregivers. Without proper planning in place, your special needs child may be at risk of losing vital government benefits, facing financial insecurity, or being placed in a situation that does not adequately meet their needs. It is possible, however, to ensure that your child is cared for after you are gone.
Creating A Comprehensive Plan For Your Child’s Future
One of the first steps in ensuring the future well-being of your special needs child is to create a comprehensive estate plan that addresses their unique needs and circumstances. This may include establishing a special needs trust, designating a guardian or caregiver, and making provisions for ongoing care and support. A Worcester special needs planning lawyer can help you navigate the complexities of special needs planning and ensure that your plan reflects your wishes and goals for your child’s future.
Establishing A Special Needs Trust
A special needs trust is a powerful tool that allows you to set aside funds for the benefit of your special needs child without jeopardizing their eligibility for government benefits such as Medicaid and Supplemental Security Income (SSI). Funds held in a special needs trust can be used to supplement government benefits and cover a wide range of expenses, including medical care, therapy, education, housing, and recreational activities. By establishing a special needs trust, you can provide for your child’s long-term financial security and ensure that their needs are met well into the future.
Designating A Guardian Or Caregiver
In addition to establishing a special needs trust, it’s essential to designate a guardian or caregiver who will be responsible for making decisions on behalf of your special needs child when you are no longer able to do so. This individual should be someone you trust implicitly and who is willing and able to assume the responsibilities of caring for your child. It’s important to have open and honest discussions with potential guardians or caregivers to ensure that they understand your child’s needs and are prepared to provide the level of care and support required.
Taking Action Today For A Secure Tomorrow
While thinking about what will happen to your special needs child when you are gone can be daunting, taking proactive steps to plan for their future can provide invaluable peace of mind. By working with a lawyer, you can create a comprehensive plan that protects your child’s financial security, ensures their ongoing care and support, and provides for their well-being long into the future.
At the Law Office Of Polly Tatum, we understand the unique challenges faced by families with special needs children as we have been working with families since 1997 to create estate planning for various needs. We are dedicated to helping you navigate the complexities of special needs planning with compassion and expertise. Contact us today to schedule a consultation and learn more about how we can assist you in creating a secure future for your special needs child.