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Library Categories > Financial Issues > Prosperity Life Planning

 
Library Item Name:

Prosperity Life Planning 		   
Summary Statement:

What do you want for your loved one with special needs? What are your hopes and dreams for the future? What is important to both you and your child? What advice can you offer to future care-givers of your child?

Parents have the clearest insight in regard to the day-to-day management of their own child. But what would happen to your child if you were no longer around? You have the information needed, but unfortunately, someday, you might not be available. So how can you communicate with future potential care-givers? The best solution is to write it down.

Parents of special needs children should take the time to write a letter of intent. While not a legal document, the letter of intent, communicates the “essence” of your child; think of it as a mini-biography of your child. This is the place where you can transfer the history of your child, from birth to adulthood and beyond. This is the place to explain the unique aspects of the child, his diagnosis, his level of functioning, and your advice, your vision for the future.
Tags:

special needs trusts,  letter of intent
Submission Date:

12/11/2007by: shannonj
Current rating:


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