The need for Special Needs Planning has increased and is continuing to increase every year. For example, in 1992, there were roughly 15,500 children ages 6-22 who were diagnosed as having Autism. In 2006, the number was a staggering 224,500. Additionally, in 2006, there were an estimated 24.9 million adults with some serious psychological distress. Read more
If you have a child with Special Needs, you must ask yourself “who will take care of them when I am no longer able?” When answering that question, you will need to: Read more
When putting together a Life Plan for your Special Needs loved one, you will want to make sure you include a comprehensive list of all the important people in your life, especially the people that will play an integral part of your loved one’s life if you are no longer around. Read more
In planning for your loved one’s future (or if you are already administering a trust as the trustee), one of the critical steps you need to take is calculating how much the beneficiary can spend per year (or per month) for a given trust value. Based on the current value (or your estimated trust value based on what you plan to leave the trust when you are no longer around), you can make a few simple calculations. Read more
A quick summary of what they are and who they are for?
Guardianship is an appointment by a court that gives a person (or agency) the decision making authority and responsibility for another adult who is unable to make these decisions on their own.
Conservatorship is an appointment by a court that gives a person (or agency) the decision making authority to manage financial and property matters for another person who is unable to make these decisions on their own.