IN Millcreek Summer 2017 - Page 73

Helping People Move Forward with Their Lives. have occurred before the individual reached age 26. An ABLE account is established by and owned by the disabled individual (or by a parent or fiduciary acting on behalf of an eligible individual who is a minor or who lacks capacity). Anyone can contribute to it, but total contributions cannot exceed $14,000 per year. The money in an ABLE account can be used to pay for a broad range of “qualified disability expenses.” Funds can be used to pay for education, housing, health, transportation, personal support, employment training, legal and financial assistance, and more! Both of these options should offer some peace of mind to families trying to ensure that their loved ones are taken care of in the future. Check with a knowledgeable Elder Law Attorney to better understand how Special Needs Trusts and ABLE accounts can be utilized and coordinated to achieve optimal results. For additional information, please c ontact: ACHIEVA Family Trust at or at 1-888-272-7299 or 412-995-5000 x565 Scales Law Offices, LLC at or toll free at 1-888-827-2788 Thomas Testi Esq., Attorney at Law at 814-474-2200 The Niagara Network is a group of business professionals affiliated with the human services industry. If you would like to join or find out more information about the group and its members, visit the Niagara Network’s web site at Millcreek | Summer 2017 | 71