What should my estate planning include as a parent of a child with a disability?
In the unlikely event that you pass away and your spouse/partner is not living, who would serve as the legal “guardian” (term may vary by state) for minor children and for disabled children? Have you determined the living arrangements for minor and disabled children?
The importance of developing an estate plan when you have dependent children, and particularly when you have a child with disabilities, cannot be overstated. While it can be overwhelming, and incredibly complicated, your plan should be one that you feel confident in understanding as well as adapting over time with your growing or changing family. Check out our Estate Planning Basics article for three main areas of planning to get you started.