Tag - financial planning

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Planning For Your Special Needs Child’s Future

Planning For Your Special Needs Child’s Future

I’m a compulsive planner which means I need like to know what’s going to happen next; and if I can control what that is, even better. FYI — I know what we’re having for dinner every night for the next two months. When it comes to my children, I have to remind myself to stop obsessively looking forward. However, there are some things that really must be arranged in advance when you have a child with a disability.  Though I hope to be around for a long time to care for my family, even I, the master of control, can’t control that. So as unpleasant as it seems, we recently updated our wills and named our children’s guardians and Powers of Attorney.   We also created a document listing all accounts, assets, debts, passwords, and any other crucial information family members would need in the case of, you know, our demise.   We set up an RESP for our son. He’ll need it to help with law and medical school. After that, he’s on his own. I’m sure his astronaut salary and Pulitzer prize money will be enough to get by on. (What? I tend to dream big.)  So with those details in place, I can relax and just enjoy my kids,[…]

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