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Four Financial Steps to Take if You’re Raising a Child With Special Needs - Estate Planning and Administration News

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Estate Planning and Administration News


Posted on: May 14, 2019

From The Penny Hoarder:

Raising any child is expensive, but when you’re raising a child who has special needs, there are additional financial responsibilities to consider.

The cost of doctor’s visits, therapy appointments, medication and special equipment add up. The amount of time needed to provide care may restrict you or your partner from working outside the home — or even at all.

Depending on your child’s condition, you may need to provide them with lifetime support.

It can be overwhelming just dealing with the medical and emotional aspects of your child’s particular challenges. Here’s what to know so that your finances don’t add to that stress.

Read more.

This article was submitted by Bob Fechtman, Fechtman Law Office. If you would like to submit content or write an article for the Estate Planning & Administration Section, please email Kara Sikorski at ksikorski@indybar.org.

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