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PLANNING AHEAD: Parents of disabled children can consider a letter of intent [Column]

Lawyers typically consider the detailed tax and distribution planning involved in estates but the human aspect matters at least as much. Estate plans that consider disabled children, especially those who are still minors, can include planning that most parents might not realize. One way to handle this is with a writing separate from the will that is referred to as a “letter of intent.” After the question who will take care of my son if I die or become disabled? or where will she live and with whom — which are questions of guardianship — come questions about who understands her needs. Are there ways that I can convey that special information that only a parent might know? Even when appointing an individual as trustee for an adult disabled child there is information that can help the trustee make informed decisions when distributing funds.

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