The ABLE Act Explained

Resource Center

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.