Planning the future for children and young adults who may never achieve capacity

Parent carers need to plan ahead regarding their property.
It is best to direct it into a disability trust to most benefit the child.
If an adult in care receives an inheritance the funds will be used for care.
If the money goes into a trust it can be kept to fund special expenditure for the adult.
There are two main options for setting up such trusts.
These are 1. Set up the trust now 2. Set up the trust in a will on your death.
There are advantages and disadvantages for either approach - each case is different.
Parent carers should take early legal advice on this.
Monies may be lost to the adult due to lack of forward planning.