The biggest challenge here is that parents have to accept the fact that they won’t always be around their special child to help him/her. So, they need to plan – full proof & smart. Also, life is very fragile, so one needs to accept the challenges and start planning at the earliest.
Next big step is to identify all your assets & divide them amongst all your children (including special needs child) in a way that will feel fair to everyone including the lengthy and full proof documentation to ensure that these assets go where you want them to go.
The person planning the estate should have an in-depth understanding and practical application of various provisions of the Indian Income Tax Laws with respect to various saving and investments avenues available, how to make optimum use of these provisions to maximise your gains & investments growth and most importantly, understanding the various exemptions available with respect to a special needs child.