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Could ABLE Accounts Replace The Need For Special Needs Trusts?

  • Writer: Adam Dayan, Esq.
    Adam Dayan, Esq.
  • Nov 20, 2011
  • 1 min read

Consider this article which discusses a proposed savings program for individuals with disabilities which would allow such individuals to maintain a savings account in a manner that would not jeopardize government benefits. A special needs trust would typically serve this function. An ABLE account, however, might be a cost-effective alternative if the proposed legislation is passed.


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