Why You Need an Estate Plan if You Have a Special Needs Child or Grandchild
Bridget Mackay2021-04-09T00:24:34+00:00The future of children and grandchildren are often at the forefront of our minds when planning our estates. However, if you have a special needs child or grandchild that you wish to care for after your death, setting up your estate to do so properly requires careful consideration and thought with the help of an expert. Trust planning is essential for special needs loved ones A “supplemental needs” or “special needs” trust is the most common type of trust created by the parent or grandparent (or “Grantor”) for the child with special needs (the “lifetime beneficiary”). The trust will direct [...]