ABLE Accounts and Special Needs Trusts

January 31, 2019

Both ABLE accounts and Special Needs Trusts (SNTs) are accounts which protect resources. Each allows for the accumulation of resources, for the benefit of an individual with a disability, without jeopardizing key federally funded benefits like Supplemental Security Income (SSI) and Medicaid.

This webinar discusses the advantages and the limitations of ABLE accounts and SNTs, whether one might be preferred over the other or why someone might have both.

The purpose of this webinar is to educate individuals with disabilities, their families, providers and advocates on how these accounts can provide options and choices to maintain or improve an individual’s health, independence and quality of life by supplementing services and/or benefits. The webinar provides case scenarios and addresses questions such as:

  • What are ABLE accounts and what are the various types of SNTS?
  • Can I have more than one account, and how can I decide if one or both types of accounts are right to meet my needs?
  • What are some strategies or things I should consider?

This webinar was moderated by Miranda Kennedy, Director, ABLE National Resource Center, and includes a panel of experts and an ABLE/SNT stakeholder. Panelists included:

  • Stephen W. Dale, Esquire, LL.M., The Dale Law Firm, PC, Pacheco, CA
  • Amy Tessler, Education and Outreach Coordinator, The Dale Law Firm, PC, Pacheco, CA and the parent of a child with a disability
  • Marlene Ulisky, Disability Benefits Expert, ABLE National Resource Center, Washington, D.C.

This webinar is part of the ABLE NRC’s ongoing collaborative efforts with the Special Needs Alliance (SNA). The SNA is a national organization comprised of attorneys committed to helping individuals with disabilities, their families and the professionals who serve them with special needs planning.

Webinar Materials:

Presentation Slides
ABLE Case Summary – ABLE Accounts Versus Special Needs Trusts
Questions and Answers – From the Special Needs Alliance
Top Questions and Answers from the Webinar
ABLE Account, Special Needs Trust, Pooled Trust Comparison Chart