17 January 2023
If you have a disabled child, there are several documents you can prepare to safeguard assets for them and plan for their financial future. One of them is a special needs trust, which enables you to appoint someone to handle your kid's finances and make important decisions for them. It helps ensure that your child has enough money to meet their long-term care needs even if you pass on. However, you can only meet this goal if your document does not contain errors that can make it unimplementable.