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{"id":13186,"date":"2014-06-16T15:43:28","date_gmt":"2014-06-16T15:43:28","guid":{"rendered":"http:\/\/www.seonewswire.net\/2014\/06\/inheritance-when-a-child-has-a-developmental-disability\/"},"modified":"2014-06-16T15:43:28","modified_gmt":"2014-06-16T15:43:28","slug":"inheritance-when-a-child-has-a-developmental-disability","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2014\/06\/inheritance-when-a-child-has-a-developmental-disability\/","title":{"rendered":"Inheritance: When a Child Has a Developmental Disability"},"content":{"rendered":"

As a child with developmental disabilities grows older, parents begin thinking about how to secure their loved one’s financial future as the care they need can be expensive. While government programs and community resources provide essential help, significant family resources are often needed as well. Planning an inheritance for a child with a developmental disability requires special considerations. Here’s why:<\/p>\n

A direct gift or bequest may not be appropriate, for two major reasons:<\/strong><\/em><\/p>\n

    \n
  1. The individual may not be capable of managing significant assets without assistance;<\/li>\n
  2. It may be necessary to maintain eligibility for government programs that have income and asset limits<\/li>\n<\/ol>\n

    One alternative to a direct gift is making a gift to a family member, such as a sibling, who can\u00a0 be trusted to use the assets in the best interests of the individual with a disability. However, the family member must be willing and able to take on that responsibility and the gift would (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    As a child with developmental disabilities grows older, parents begin thinking about how to secure their loved one’s financial future as the care they need can be expensive. While government programs and community resources provide essential help, significant family resources…<\/span><\/p>\n