Facing the prospect of caring for a special needs child after you're gone is daunting. But life insurance is all about planning for the generation after you. Combined with the right financial tools like trusts, guardianships and wills, life insurance ensures funding for your child's future needs.

Some life insurers even have special divisions devoted to helping customers with special needs children.

Do you know the common pitfalls parents make when planning for a child's future? Read about life insurance planning for parents of special needs children to find out why you shouldn't name your child as an insurance beneficiary, or leave cash to him in a will, or direct his inheritance to a family member.

Have you planned for a child's future using trusts and insurance?