People with disabilities can save money tax-free through special needs trusts (SNT) and Achieving a Better Life Experience accounts (ABLE). Both options provide a mechanism for saving money and protecting resources that ensures the person with a disability (PWD) continues their eligibility for public benefits programs. Accumulating resources for the benefit of a PWD without […]
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Special Needs Trusts and ABLE Accounts: A Comparison
The Estate Planning Process for Individuals with Special Needs
Exactly what are special needs? Individuals with special needs are those who face learning difficulties, behavioral or emotional difficulties, or physical difficulties. For example, individuals with autism, ADHD, Asperger syndrome, Down syndrome, dyscalculia, dyslexia, deafness, blindness, and cystic fibrosis fall into the special needs category, as do cleft lips, missing limbs, and more. The US government […]