Making sure your autistic child is taken care of financially as an adult
A mother asked the Boston Globe today:
Q. My 10-year-old son has autism and will need care the rest of his life. My in-laws and my parents are willing to help financially but we've heard it's not a good idea to put our son in their wills because it might affect his ability to qualify for financial aid. Can you shed light on this?
Here is part of the answer:
Experts recommend keeping assets from going directly to a child with disabilities. If a person with a disability or special needs owns or inherits property above a certain dollar value - generally $2,000 - it could make him or her ineligible for certain government programs, such as Supplemental Security Income and Medicaid.
Is this something you think about?
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