Parents and guardians of ABLE-eligible adults have asked for an easier way to open their loved one’s ABLE accounts in Virginia. I am happy to report that major improvements have been made to the enrollment process.
Now, parents may open an ABLE account for their child of any age.
ABLE Accounts can also now be opened by Authorized Representatives who have Legal Guardianship, but do not have Conservatorship.
For more information on this rule change: see https://www.able-now.com/resources/news/its-easier-to-enroll
Please contact Fairfax Virginia Attorney Sheri Abrams (www.sheriabrams.com) to discuss the benefits of ABLE accounts and Special Needs Trusts for your special needs child in Virginia.