The PTO at the Y.A.L.E. School’s Cherry Hill campus invited special needs attorneys from Hinkle, Fingles & Prior, Attorneys at Law, to speak about planning for the future. The attorneys shared these tips for parents of children with disabilities about estate planning:
- Every family, with or without a disabled child, should have a Will.
- A carefully drafted Estate Plan can help ensure that family assets are used according to a parent’s wishes.
- At age 18, regardless of the severity of disability, a child is considered an adult and is legally empowered to make decisions. Guardianship must be obtained through the Courts.
- A Special Needs Trust can be set up at any time, and is an important part of an Estate Plan.
- Money should not be left directly to a child with severe disabilities. It could have the unintended result of making the child ineligible for means-tested services and supports.