When a child has a disability, everyday life is sometimes an obstacle course. Asset management is an aspect that should not be neglected. Parents protect their offspring as long as they are alive, but it is also necessary to plan for the future and put different solutions in place. They can be provided by savings and protection products, in this case insurance contracts, but also by adequate legal structures or specific contracts to preserve the interests of vulnerable people. What there is to know.
To protect a child or a vulnerable person, there are insurance products specifically designed to respond to these situations. These are life insurance contracts and more specifically the disability savings contract. But it is also possible to take out a survivor annuity contract, the nature of which is different since it is death cover. Each of these contracts has advantages and disadvantages that should be weighed before signing up. Furthermore, foresight or the creation of savings must not be counterproductive and prevent the person concerned from receiving the aid to which they are theoretically entitled. In addition, the law provides us with a series of measures which can prove very effective in preserving the interests of a person who is unable or no longer capable of managing their assets. The future protection mandate, the donation with charge or even a family SCI are part of this range. Expert advice on choosing the best solutions and avoiding pitfalls.
2024-01-31 20:20:53
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