Waypoints

Waypoints

Do I Need An ABLE Account?

ABLE accounts are great tools. I'm very glad they exist. In many cases you will need one. But they are just one tool. They do not replace the need for Special Needs Trusts. When I talk to clients about planning, ABLE accounts are not the first thing I sug

Eric Jorgensen's avatar
Eric Jorgensen
Nov 09, 2020
∙ Paid

Last week I gave an overview of what an ABLE account is. This week I will give you help you understand when it may be useful to have one. This isn't meant to cover every situation. Rather, I'm going to provide general rules that can be applied to most situations. When talking about adults and saying "you", I mean either you or your child.

Let's start wit…

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