ABLE Accounts-What You Need to Know

As you probably know, Congress finally, after many years, passed a bill that provides for ABLE accounts. Want to know more? Take a look at two newsletters from leading elder law attorney, Robert Fleming, of Tucson, Az. explaining ABLE.  The first, ABLE Act Passes-We’ll Tell You What it Means, gives an overview of ABLE accounts and succinct bullet points about the provisions. The second, The ABLE Act-How You Will Be Able to Use It.provides some hypotheticals about how ABLE accounts may be used. Steve Dale, a leader in the field of special needs planning has devoted a section of his website to ABLE accounts, including video available here.

Of course, there are still steps to take before ABLE accounts are in full swing, so stay tuned to learn more about them.