Generally, estate planning is a preparation of distribution of wealth in the event of a person’s death. However, special needs estate planning is a bit more intricate. It’s designed around the needs of the special child, whereas parents or guardians can leave their assets when they pass, to be used for the maintenance of the child. The plan is child-centric and customizable to suit each child differently. It is carried out via a will, and available only upon the death of the benefactor.
A special needs trust however, can be made available urgently to the beneficiary if anything were to happen to the benefactor, not necessarily death only. It’s considered an express lane for your special child to continue maintaining themselves, of course with the help of a guardian and a trustee.