{"id":84323,"date":"2023-01-06T14:56:33","date_gmt":"2023-01-06T14:56:33","guid":{"rendered":"https:\/\/businessyield.com\/?p=84323"},"modified":"2023-01-06T18:39:33","modified_gmt":"2023-01-06T18:39:33","slug":"memorandum-of-intent-in-special-needs-planning","status":"publish","type":"post","link":"https:\/\/businessyield.com\/education\/memorandum-of-intent-in-special-needs-planning\/","title":{"rendered":"Memorandum of Intent in Special Needs Planning","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n
Special needs planning is a legal process in which the rights, responsibilities, and resources of family members or specialists are documented and communicated. It can be used to cover any number of eventualities, from chronic illness to disability. By creating a memorandum of intent, families can decide who will oversee their children if they become incapacitated or incapable of making decisions for themselves. They can also help commit funds for assisted living services or provide an advocate for the child in court. This can be a difficult process due to the inherent conflict of information. A child’s specialist team and the family must work together to find solutions that work for everyone involved.<\/p>\n\n\n\n
With the advancement of technology, many children are being diagnosed with chronic illnesses like autism or muscular dystrophy. Some families recognize the potential for medical and disability expenses in the future and want to protect the family’s resources. They may want to create a memorandum of intent that is binding on their children in such a situation. It is important to remember that the child or family is not required to follow the terms of a memorandum of intent. The goal, therefore, is to provide a roadmap for the future so that children can be appropriately cared for, benefits can be paid, and services can be accessed. It should also offer a guarantee for the family’s rights regarding future care decisions and any recommendations on behalf of the child. This allows both sides to have peace of mind.<\/p>\n\n\n\n
A memorandum of intent<\/strong><\/a> creates a legal document that gives guidance on decisions regarding a child’s future. There are many things to discuss, such as the best place for the child to live. Perhaps in their own residence, if money is available for the services required. A team of specialists and family members will work together to draw up this document. The focus will likely be on an individual’s needs and health status rather than their personal or family history. The document is designed to be binding, and it is intended to have an overriding message that will guide the child<\/strong><\/a> in his or her future care.<\/p>\n\n\n\nWho Can Sign a Memorandum of Intent?<\/h2>\n\n\n\n