When you have a special needs childcare there is a concern of providing for the child life long care irrespective of what happens in your life. Considering the high ingoing expenses involved in childcare there are numerous uncertainties of life which can arise.
In India, private trust covers the structure of creating a secure future for a special needs dependent. Through the private trust, the parents can choose to manage the child affairs as they wish to. It also ensures that the legacy left for the...
The concept of trust is a 3 tier structure- There is a settlor who creates the trust, there is a trustee who manages the trust and there is the beneficiary who benefit from the trust. When a trust is created the rules are...
For special needs child life time care creating a special child trust is the most viable option for the families. A trust is considered to be an effective estate planning tool when wealth has to be preserved for future generations. With a disabled...
A special child trust in India is an important estate planning tool for special needs children families. Being a separate legal entity the trust has many advantages for securing the child future. The primary benefit of this trust rest on the ownership of assets. Once...