Strategies for families with special needs

Within the family it’s important to have a clear picture of who will care for a child with disabilities. Inviting future guardians, caregivers and trustees to meetings with planners can help give them an idea about what role they will play in a child’s future. Though not legally binding, a letter of intent can guide future caretakers as well. Any documents should be reviewed regularly to keep up with changing circumstances, especially as regards inheritances. Leaving all assets to a child with a disability can stir resentment amongst other family members, while dividing them into equal shares may not adequately provide for someone who requires lifelong care, McNamera writes.