For families with loved ones who have special needs planning and preparing for the future takes time and thoughtful consideration. Care options, estate planning and how the special needs person will be cared for when you are gone are common concerns.
Through advances in day-to-day care and modern medicine, people with special needs are living longer, healthier lives, which makes proper estate planning more important for you than ever.
When you have a child or loved one with special needs, many legal documents are needed. Once you have started planning for your loved one’s future, keep these ten documents on hand with your estate planning records:
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When a special needs child becomes a legal adult, the power of choice is transferred from parents or guardians to the special needs adult. In order for important decisions about medical treatments, personal finance and everyday life to be made correctly, parents or loved ones should consider filing for guardianship.
Types of Guardianship
There are two main types of guardianship. Becoming the legal guardian of a person allows you to make important decisions about healthcare, housing, food, clothing and other care needs. You can also be the guardian of property, which gives you the power to make decisions about your loved one’s finances, income, property and public benefits. In many cases, you can receive both types of guardianship depending on how much assistance your loved one needs.
When is a guardian necessary?
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