Nuts & bolts of securing the financial future of a child with special needs

The financial planning here is markedly different from the kind done for a normal child; make sure you have enough tucked away -- and safely -- for your little one when you're no longer around

Rahil and Dishari’s only child, Yatharth, suffers from a rare malformation in the brain that has impaired his motor skills, speech, and skeletal and muscular systems. And although the child is a happy-go-lucky kid, his condition nevertheless requires constant medical attention.

But Dilshari, 30, an investment banker and Rahil, 32, an IT professional, have much more to worry about than just his health. How do they secure Yatharth's future and ensure he is financially stable as an adult?

Financial planner Pankaj Maalde says, “In such cases, financial planning is quite different from the kind done for a normal child. It