Ensuring a secure future for a child with disabilities demands meticulous planning and careful consideration. Consulting with legal professionals becomes imperative to navigate the complexities effectively. An inheritance directly bequeathed to the child might inadvertently jeopardize their eligibility for crucial means-tested government programs. Therefore, it’s vital to explore alternative avenues such as establishing a special needs trust.
A special needs trust offers an alternative solution, enabling the provision of additional support for various essential aspects of life. From facilitating essential therapies to covering travel expenses or dental care, a special needs trust ensures that the child’s needs beyond the basics are comprehensively addressed. By safeguarding their access to essential government assistance while supplementing it with resources tailored to their specific requirements, families can provide a more secure and fulfilling future for their child with disabilities.
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