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Special Needs Trusts: Protect Your Child's Financial Future
Special Needs Trusts Protect Your Child's Financial Future Author:Stephen Elias The forms and information you need for peace of mind... If you care for a child or other loved one with a disability, you've no doubt thought about what will happen when you're no longer able to give that care. Fortunately, there's a simple solution to this dilemma -- create a "special needs trust." Special Needs Trusts shows you how to lea... more »ve any amount of money to your disabled loved one, without jeopardizing government benefits. It provides plain-English information and forms that let you create a special needs trust by modifying your will or living trust document. Funds in a special needs trust can make a big difference in quality of life by paying for:
annual independent check-ups
personal care attendant or escort
vehicles and transportation
insurance
rehabilitation
essential dietary needs
materials for recreation
trips or vacations
entertainment
athletic training or competitions
and much more Special Needs Trusts also provides a formal letter to the trustee, which explains this very important role, and a personal letter to the trustee, which provides information about your loved one.