Estate Planning for children with Special Needs

When you have a child with special needs, the estate planning process should begin as soon as possible to ensure your child will be provided and cared for appropriately if something happens to you. You need to ensure you have planned for the child’s care throughout your lifetime, including making certain your child can afford necessary care as an adult. 

There are several key issues you need to address as a parent if your child cannot live independently. First and foremost, where is your child going to live when you can no longer for him or her? Oftentimes, children will live with siblings or other relatives.

But what if this is not an option?

Parents will need to explore alternative options such as group homes or a similar type of facility where the child can live outside of the parent’s care and supervision. Facilities such as these can be very expensive. One common method is obtaining sufficient life insurance that would ensure that money was available to pay for the care of a child with a disability during their adult life.

Even if the disabled child is to live in a care facility, parents should name a legal guardian to act on behalf of and make decisions for the disabled child. A legal guardian should be a trusted person who the parents believe will fulfill his or her fiduciary duty and have the best interests of the disabled child at heart.

Parents also need to think about how to structure an inheritance. Most parents want to provide financially for the disabled child, even after the parents are gone. However, it is not advisable to transfer money or property to the child with the disability. This could result in the child losing access to important means-tested benefits such as Supplemental Security Income and Medicaid, which many disabled people rely on to cover their costs of care.

Creating a Special Needs Trust is one way to make sure a child with disabilities is provided for without risking the loss of benefits. The special needs trust can own assets left by the parents and can also be the beneficiary of a life insurance policy. The parents name a trustee to manage the trust assets and provide detailed instructions about how trust assets are to be used to enhance the quality of life of the child with the disability.

Because the trust actually owns the assets, Medicaid or other benefits will not be lost and the trust assets can be used to provide for supplemental needs not covered by government benefits.

Getting Help from Special Needs Planning 

The Law Office of Jason R. Ebacher can provide invaluable advice on providing for your child with special needs when you are no longer able to. 

To find out more about how the Law Office of Jason R. Ebacher can help you and your family prepare for the future, please call (978) 269-4485 or contact us online at any time.

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Paulette Doucette
Paulette Doucette
17:09 19 Nov 22
Jason was not only helpful and thorough in assisting us in putting our Estate Plan together but was extremely sensitive to our overall wishes and desires concerning its implementation.
Shirlz Jenner
Shirlz Jenner
22:34 11 Nov 22
We highly recommend Jason Ebacher for Estate Planning. He made the process for us quite smooth and explained it to us in layman's terms.
Stephanie A. Crayton
Stephanie A. Crayton
19:17 29 Sep 22
Due to some recent family losses, I began to think about my own situation and end of life decisions/wishes – something I had been putting off for years. As a single mother of a minor child, I realize how incredibly important it is for me to put some safeguards in place for my son and for myself.I reached out to the Law Office of Jason Ebacher and I could not be any more pleased with his guidance, compassion, and professionalism. I came to him with very little knowledge of what is needed, the process, and best decisions. Thankfully, he took his time, explained things to me in various ways that gave me a chance to arrive at my own decision. Once all the decisions were made, he legally implemented them into my estate plans.I can’t thank him enough for all of the assistance, time, and knowledge he has shared with me. I highly recommend him and will seek his counsel again, should it be necessary! Thank you Jason and team!
betsy malenfant
betsy malenfant
23:58 25 Apr 22
I have had the pleasure of the professionalism and kindness of Jason's help over the past few years. I have referred him to family members who have also felt so comfortable in his presence in regard to his knowledge and his comforting manner. Thank you, Jason!
Leslie Russell
Leslie Russell
00:41 09 Aug 21
I can not thank Jason enough for his help. His work has given me peace of mind during a time where caring for a loved one is not easy. I really appreciate his temperament and legal ease.
Karen Shuman
Karen Shuman
18:26 06 Aug 21
My experience with Attorney Jason R. Ebacher was excellent from the very first phone call. Jason is professional above all else in addition to being friendly, compassionate, helpful and knowledgeable. He provided me with enough information and guidance to enable me to make solid choices with regard to my estate planning. I highly recommend Jason and his team.
Kristen Wilson
Kristen Wilson
15:25 05 Aug 21
Attorney Jason Ebacher is professional, knowledgeable, and kind. He is always readily available to answer any questions. I highly recommend Jason to anyone.
Essential Balance Wellness
Essential Balance Wellness
13:46 05 Aug 21
You dont know what tomorrow will bring. The only way to make sure the people you love are taken care of, is to make a plan....while your healthy and in good sound mind. There TRULY is "peace of mind in proper planning"
Angie Vargas
Angie Vargas
17:53 17 Mar 21
Jason is a trusted volunteer with our non-profit legal aid organization, where he provides quality pro bono estate planning assistance to some of our clients and is always willing to go the extra mile. During the pandemic, he has remain committed to this work and we greatly appreciate him.
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