ERIC Number: ED249704
Record Type: RIE
Publication Date: 1984-Mar
Estate Planning for Parents of a Learning Disabled Child.
Considerations in estate planning for learning disabled children are presented from the perspective of an individual who is both a lawyer and the parent of a learning disabled child. It is suggested that an important goal for parents is to train the child to be able to deal with his/her financial situation. Early training in the habit of saving money and paying one's own expenses is discussed. Examples of such training are presented--such as making transactions at flea markets--and the growth such experiences offer the learning disabled child is noted. It is suggested that learning disabled people who are trained to some degree of financial independence do not need lifetime trusts, which have several disadvantages such as lack of flexibility, damaging effects of inflation, and sibling discontent if the sibling is made a trustee. Such a trust may also hurt the learning disabled child's sense of self worth. Consideration of a partial trust or custodianship arrangement is advocated. The importance of sharing decision making with the child is emphasized. (CL)
Publication Type: Speeches/Meeting Papers; Opinion Papers
Education Level: N/A
Authoring Institution: N/A
Note: Paper presented at the Annual Convention of the Association for Children and Adults with Learning Disabilities (21st, New Orleans, LA, February 28-March 2, 1984).