Elder Law and Estate Planning Attorney
Thanks to recent changes in the tax law, families can now make limited transfers from existing 529 accounts to ABLE accounts with no tax consequences. Families with special needs children may be thinking about rolling existing 529 funds into ABLE Read More …
Many parents have their retirement savings socked away in 401(k)s and IRAs. So that your beneficiaries do not have to pay taxes on the funds prematurely, it’s important to properly structure the beneficiary designations for these accounts. Unfortunately when a Read More …
In December of 2014, the federal government enacted the Achieving a Better Life Experience Act (“ABLE Act”). The ABLE Act allows states to establish tax-free savings accounts for individuals with disabilities to pay expenses not covered by government benefit programs. Read More …
On December 19, 2014, the Achieving a Better Life Experience Act (“ABLE Act”) became federal law. The ABLE Act allows the use of tax-free savings accounts for individuals with disabilities to cover expenses not covered by government sponsored programs. The Read More …
