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Special Needs Trust for a Child: Planning for the Future

2024-10-168 min read
Planning for a child with special needs is one of the most important things parents can do. Start early with Pioneer Credit Solution. ## Why Start Early? ### Benefits at 18 Children become adults and may qualify for SSI and Medicaid at 18. ### Compounding Growth Money invested early grows over time. ### Peace of Mind Planning reduces stress and ensures preparedness. ## Letter of Intent This non-legal document tells future caregivers about your child: - Medical history and needs - Daily routines - Likes and dislikes - Important relationships - Care instructions ## Building Your Plan ### Third-Party SNT Create a third-party special needs trust in your estate plan. ### Life Insurance Consider a life insurance policy that pays into the SNT. ### ABLE Account Tax-advantaged savings account for disability expenses. ### Guardian Selection Choose who will care for your child if you can't. ## Involving Family Educate grandparents and relatives about leaving gifts to the SNT, not directly to your child. ## Start Planning Today Pioneer Credit Solution helps parents protect their children's futures. Call 1-888-271-2293.

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