The Pros and Cons of a Special Needs Trust: Ensuring Your Child’s Future

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.