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Guardianship & special needs planning


Detailed Guardianship Assistance in Louisville, KY

If your children are minors, then you owe it to them and to yourself to name a guardian who will care for them should you become unable. This information should be included in your will and power of attorney. At Pitt & Emison, we can provide guardianship assistance in Louisville, KY, to help you with this sensitive question and with special needs trusts as well.

This is not an easy decision to grapple with at any time, but it's not one that should be delayed. We will help you objectively consider the people in your life so that you can finalize who you want to look after your children. It is wise to include specific wishes and guidelines for the guardians that you choose.

If you do not name a guardian, the court will appoint a person to care for your children if the need arises. Your children's guardian does not have to be the same individual who you have chosen to manage their finances.


Happy Child with a Disability, Guardianship, Louisville, KY

Planning for Special Needs Children

It is highly advisable to plan very carefully for the care of special needs children. The protection and distribution of your assets after your death can have a profound impact on the quality of life for your family members with disabilities.

Trusts

A special needs trust lets a parent or another family member provide money for a child with a disability so that it does not negatively affect their government aid and benefits eligibility. Important points to keep in mind when establishing such a trust are:

Whom would you trust to be the guardian for your child?

Whom would you trust to manage the trust's assets and supervise your child's finances?

What guidance or instructions would you give for your child's education, housing, personal and emotional needs?