North Carolina Estate Planning Blog
October is Special Needs Law Month
Special Needs Law attorneys advise individuals with special needs, disabilities, and their loved ones, on laws concerning their financial comfort and well-being. As National Special Needs Law Month, October is an excellent time to review or implement legal documents such as trusts and powers of attorney and sound financial planning for you and for family members who live with a disability. Meeting with a special needs law attorney will help you create a plan for critical situations you or your loved ones may face as they age with a disability or special need. Guardianship, housing issues, Medicaid benefits, and survivor and pension benefits can all be addressed to give caregivers and disabled individuals peace of mind.
During Special Needs Law Month, parents of children with special needs should revisit their wills and trusts to check that their child has a care plan in place and funds set aside to contribute toward their living and care expenses. Over 1 in 4 of today’s 20-year-olds will develop a disability before they retire, according to the Council of Disability Awareness. Issues with education and care for all stages of life may also arise, and special needs lawyers will help you navigate those as well.
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