Like other special needs planning tools, Achieving a Better Life Experience (ABLE) Act accounts are subject to specific criteria to qualify for special treatment. Master federal and state rules that govern the ABLE Act. Strategize with your clients when and how to use an ABLE account to accomplish their special needs estate planning goals.
- Plan using first-party or third-party assets
- Compare ABLE accounts with special needs trusts
- Consider MIABLE versus ABLE plans from other states