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Dutchess OfficeThe Importance of Letters of Intent
While it’s important for the parents of a child with special needs to provide for the child’s financial well-being in their estate plan, it’s equally important to address the issue of transitioning to life with a new caregiver. That’s the purpose of a letter of intent, which is intended to assist future caregivers by describing aspects of your child’s life that no one else may be aware of. This information can range from favorite foods to prescribed medications and is intended to describe the fabric of your child’s life so that caregivers can provide for your child in the best way possible.
Your letter of intent should be updated annually, so that it always contains the most accurate information. The needs of your child are sure to change over time. Once your letter of intent has been completed, a copy should be kept with your attorney or in a clearly marked, safe place at home. Although a letter of intent is not a legal document, a special needs attorney can guide you through the process of creating this important document.
To learn more about New York elder law, New York estate planning, or New York Special Needs visit http://www.littmankrooks.com.
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