As luck would have it, I came across a great video the a few weeks ago, entitled "Ensuring the Future of Your Child with Special Needs". Upfront warning: the video is lengthy BUT I highly recommend watching the whole thing - it will be well worth your time.
Although American, I would say it is at least 80% straight on accurate for families here in Nova Scotia. And, best of all, the presenters (there are three of them) all have children with special needs, in addition to the professional expertise (a lawyer and a financial planner) they bring to the table. This means that they often speak as parents and when they do - trust me, you WILL relate.
"Unfortunately, doing nothing is an action of its own because eventually the future
becomes the present ... If we have not planned for that eventuality, it will come
either way and we will have less time to do something meaningful about it."
~ Keith Coldwell, Failure to Plan
Given that the video is quite lengthy, I though it might be useful to break it down into a Table of Contents, if you will. So here goes:
- Set Up
- Greatest Hindrance to Parents Getting Started
- First Steps (14:15)
- Five Steps to Plan:
- Letter of Intent
- Special Needs Trust
- Advance Directives
If you are a regular reader of the blawg, you will likely be familiar with some of these terms but perhaps not all.