Providing for children in an estate plan is not a simple task. For parents of children with special needs, the concerns and difficulties are magnified since, in many cases, the child will not be able to care for himself after the parents pass away. With recent advances in modern medicine, people with disabilities are living longer; meaning aging parents need to address this issue. However, since estate planning involves facing many difficult issues, many parents put it off--especially when they are already stretched thin navigating the special needs maze, obtaining services for and caring for their child.
Great suggestion for parents of children with special needs -- creating a special binder, stored in a safe and easily accessible place, with all of your estate planning documents, important legal papers, Letter of Intent, etc., so caregivers would have quick access to all the information necessary to care for your child. Krooks offers 10 Tips, worth reading.
We also offer a wealth of resources and information for parents of children with special needs on our website. You can download a free White Paper Special People...Special Plans .