If your child has special needs, you're sure to have concerns about what will happen to them in the event of your untimely passing. As difficult as it may be to think about this, it's something you must do to ensure that you have a comprehensive estate plan in place.
A child or adult who has special needs often faces an uncertain financial future. The inability to work and the consequential inability to provide financial support often make financial planning impossible. For Georgians, the state provides a legal mechanism that removes much of this uncertainty. The device is called a special needs trust.
Medicaid was enacted as a cooperative venture between state and federal governments to provide medical care to low-income families. Participation was made elective on a state-by-state basis, and, unfortunately, the Georgia legislature has chosen to make Medicaid out-of-reach for most Georgia low-income families.
Perhaps the only thing more difficult than meeting the day-to-day challenges of a developmental disability is sorting through all of the government and non-profit programs intended to provide financial aid for people with development disabilities. Georgia provides a number of programs, and these programs are often supplemented by non-profit programs.
As loved ones begin to lose the ability to manage their daily care, finding a facility that can provide these services becomes a high priority. Most people in Georgia turn to one of two federal programs: Medicare or Medicaid. Medicare is intended to pay for most health care services for people over 65, and Medicaid is intended to provide medical care for people who do not have the necessary income or savings to pay for their own care.