Trusts & Estates
The ABLE Act Explained
On December 19, 2014, the U.S. Congress signed the Achieve A Better Life Experience (ABLE) Act into law. This enables people with disabilities to set up tax-free savings accounts to pay for expenses not covered by government-sponsored programs. This legislation has the potential to affect ~58 million Americans with disabilities and could have implications for your clients.
What Does this Mean to the Estate Planning and Elder Law Professionals?
The ABLE Act is just one of the planning strategies available when planning for clients with disabilities. Please download our thought paper, "The ABLE Act Explained," by Jeremiah Barlow, J.D. of WealthCounsel and Stephen Dale, J.D., LLM. of ElderCounsel o get up-to-speed on your options. Learn more about how to choose and utilize special needs trusts and ABLE accounts to provide for eligible persons. If you have clients with disabilities, this should be one of your disability planning considerations in 2015.
Learn more about how to choose and utilize special needs trusts and ABLE accounts to provide for eligible persons. If you have clients with disabilities, this should be one of your disability planning considerations in 2015.
Please complete the form below to download this WealthCounsel Thought Paper to learn more.
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Special/Supplemental Needs Trust Sample
Download our Special/Supplemental Needs Trust Sample and see how Wealth Docx(R) makes drafting gift trusts simple.Learn More
Special Needs Fairness Act Allows Disabled Individuals to Establish Their Own Special Needs Trusts
Download this brief to learn about changes to the establishment of first party special needs trusts for disabled and special needs individuals.Learn More
A Primer on Planning for Special Needs Beneficiaries
Download this article for an overview of key issues to consider when working with clients who have special needs beneficiaries, including preservation of benefits.Learn More