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What Can ABLE Accounts Qualified Disability Money Be Spent On (Qualified Disability Expenses)?

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ABLE (Achieving a Better Life Experience) accounts offer people with disabilities a great, tax-free way to accumulate money without jeopardizing their qualifications for Supplemental Security Income (SSI) and other means-tested programs. Withdrawals are tax-free as long as the money is used for “qualified disability expenses.”  The arguments for starting and maintaining such funds are overwhelming, not …

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What Is a Qualified Disability Expense Under an ABLE Account?

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ABLE (Achieving a Better Life Experience) accounts offer people with disabilities a great, tax-free way to accumulate money without jeopardizing their qualifications for Supplemental Security Income (SSI) and other means-tested programs. Withdrawals are tax-free as long as the money is used for ABLE “qualified disability expenses accounts.”  The arguments for starting and maintaining such funds are …

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Guardianship & the Alternatives — What Parents, Family Members & Advisors Need to Know

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The decision to pursue guardianship — to obtain the legal authority to make decisions for another person — is one that has many intricacies to it and should not be taken lightly. There are also many alternatives to guardianship to consider as well, which is why speaking with a qualified attorney is extremely important during …

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Financial Exploitation — Frauds and Scams Targeting Seniors

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It is estimated that seniors are scammed out of $36 billion dollars per year in financial exploitation. Such exploitation occurs whenever older adults are deprived of their property by improper means. This commonly includes fraud, theft or deceptive behavior. Often the perpetrator of this behavior is a family member, caregiver, or someone who has a …

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Trustee Selection — How to Choose the Right One for You

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Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville offers this webinar discussion about the very important topic of how to select a Trustee. Choosing a Trustee is one of the most intensive pieces of the estate planning process, and a choice not to be taken lightly. Ensure you’re educated about all the factors …

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March Is National Developmental Disabilities Awareness Month!

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Authored by: Stephen R. Elville – Managing Principal and Lead Attorney – Elville and Associates, P.C. March is National Developmental Disabilities Awareness Month!  Elville and Associates is very privileged and honored to work with persons with disabilities and their families, and to be a part of the disability and special needs community for the past …

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