Share

Conservatorship

Wednesday, June 22, 2022

What Can ABLE Account Money Be Spent On?


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 least of which is the wide variety of things on which the money can be spent.

To build 529A ABLE accounts, beneficiaries (and other contributors) can put up to $16,000 total into these funds each year.
Read more . . .


Wednesday, June 8, 2022

Helping Family Members Who Have Disabilities


Last month, we discussed the most important documents you need to prepare yourself for a potential disability that impairs your ability to make financial or healthcare decisions for yourself.  This month we will discuss what to do if you are responsible for making healthcare or financial decisions for someone with a disability.

A few years ago, my father started to show signs that he was suffering from dementia.  He was always a very intelligent man and had good social skills, so the dementia was most likely hidden for a number of  years. 

At some point, he began paying his bills twice or not paying them at all, and he and his girlfriend got lost while driving to familiar places.
Read more . . .


Archived Posts

2022
2021
2020
2019
2018
2017
2015
2014
2013
November
June
May
April
March
February
January
2012


The Elrod-Hill Law Firm,LLC assists clients with Estate Planning, Veterans Benefits, Medicaid, Elder Care Law, Probate, Special Needs Planning and Pet Trusts in the North Atlanta area including the counties of Dekalb, Gwinnett and Fulton.



© 2022 The Elrod-Hill Law Firm,LLC | Disclaimer
5425 Peachtree Pkwy, NW, Peachtree Corners, GA 30092
| Phone: 770-416-0776

Talks & Seminars | Veterans Benefits | Estate Planning | Probate / Estate Administration | Guardianship / Conservatorship | Claiming Veterans Benefits | Medicaid Planning | Special Needs Planning | Elder Care Law | Pet Trusts | Advanced Estate Planning | Upcoming Events | Probate Basics (VIDEO)

Attorney Website Design by
Zola Creative