Grandparents are often concerned about planning for their grandchildren with special needs, especially where the parents of the grandchild either cannot or will not engage in appropriate special-needs planning. There are good news solutions here – grandparents can either establish a third-party special needs trust (themselves) for the grandchild and facilitate a path for not only the parents to leave money directly to that trust, but also other family members; or, finance the cost for the parent(s) to establish the needed third-party special needs trust.
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