A child’s financial future is daunting enough but adding in a child’s special needs can create additional anxiety. Parents often wonder who will care for the child and how the child’s needs will be met once they the parents are no longer around.
Often times, parents of children with special needs consider a Special Needs Trust (SNT) to help ensure their child’s health and welfare needs are met. When deciding whether or not to use a SNT to plan for your child’s future, there are many things to consider. Most importantly, whether one is needed in the first place.