Resource Center

by Elliot P. Smith, JD, M.ACC., MS, CPA | Pearson, Butler & Carson, PLLC

For attorneys serving clients with special needs beneficiaries, it’s essential to understand the Achieving a Better Life Experience Act ("ABLE Act") and how it can affect clients’ plans.

Download this article to learn what's happening with ABLE Account laws and how to create tax-leveraged opportunities for clients using ABLE accounts that may complement Special or Supplemental Needs Trust planning, including:

  • Contribution limits
  • Use of funds
  • Account balance
  • Medicaid recapture
  • Comparison with Special Needs Trusts
  • More about developing law