Adam Dayan, Esq.
Could ABLE Accounts Replace The Need For Special Needs Trusts?
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.
http://www.disabilityscoop.com/2011/11/15/saving-tax-free/14448/