Five Practical Uses for an ABLE Account
ABLE accounts, the new tax-free savings accounts for people with disabilities, can be used in many creative ways to make a big difference to families with special needs children.
ABLE accounts, the new tax-free savings accounts for people with disabilities, can be used in many creative ways to make a big difference to families with special needs children.
If you are the main person managing the care of the beneficiary of a special needs trust, have you planned yet for a time when you may no longer be able to perform this crucial role?...
You may have heard the terms "special" needs trust and "supplemental" needs trust and wondered what the difference is. The short answer is that there's no difference. Here's the long answer.
Many people with disability income owe student loans. There’s a process that allows people with disabilities to discharge student loans completely – and it’s cost-free.
To help consumers navigate the process of opening newly available savings accounts for families of people with disabilities, the ABLE National Resource Center has launched an education and information campaign called #ABLEtoSave. ...
It is often necessary to modify a home in one way or another to accommodate a person with special needs. But if the individual is the beneficiary of a special needs trust (SNT) and trust funds might be used to...
Parents are often very familiar with the government benefits their child receives, but many don't think about the effect that their own estate plan can have on those benefits. ...
Social Security Disability Income (SSDI) and Supplemental Security Income (SSI) both allow working beneficiaries to deduct certain work-related expenses from their countable income, making it easier to qualify for benefits or, in the case of SSI, to receive a larger...
With a special needs trust that requires Medicaid to be paid back following the beneficiary’s death, what is the statute of limitations for that repayment? If Medicaid has not asked to be paid back, when can the proceeds be distributed?...
