August Is ABLE to Save Month!

August is ABLE to Save Month and ABLE programs across the country are celebrating more than 119,000 ABLE account holders nationwide. Check out this video to hear from a Maryland ABLE account holder who is proud to be saving for her dreams during ABLE to Save Month.

ABLE programs nationwide have changed the way people with disabilities and their families participate in the community, build financial wellness and plan for the future by empowering them to save and invest for the added expenses that come with having a disability without losing access to federal means-tested benefits. Learn more about how a Maryland ABLE can benefit you – both during ABLE to Save Month and beyond.

The best interest of all family members is served when you secure the counsel of an experienced professional who practices special needs planning. Take comfort in knowing you have performed a thorough investigation and have taken steps to preserve both your family’s assets and expected government benefits to provide your loved one with the best possible future you are able.

Estate planning by parents who have children with special needs includes many considerations:

  • How do you leave funds for the benefit of the child without causing the child to lose important public benefits?
  • How do you make sure that the funds are well managed?
  • How do you make sure your other children are not over-burdened with caring for the sibling with special needs?
  • What is fair for distributing your estate between your child with special needs and your other children?
  • How do you make sure there is enough money to sustain your special needs child over time?

Contact the special needs planning attorneys at Elville and Associates to learn how a Maryland ABLE account can be used as part of an overall special needs plan for your loved one to enhance their quality of life and plan for the future. Call 443-393-7696, contact Jeff Stauffer at jeff@elvilleassociates.com or visit https://lnkd.in/eskx8kxu to learn more!

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