Navigating Special Needs Trusts and ABLE Accounts: A Guide for Families

Episode 2, "Navigating Special Needs Trusts and ABLE Accounts: A Guide for Families," unpacks the essential topics of Special Needs Trusts and ABLE accounts. Our guests Shirley Whitenack, Esq. and Elizabeth A. Farishian, RN, MA offer a deep dive into the tools’ importance, their practical applications, and the peace of mind they bring to families planning for the future. Shirley and Liz share their expert knowledge and personal stories, providing listeners with a comprehensive understanding of how to effectively secure the future of their loved ones with disabilities. Key topics include preserving access to benefits and services, the role of life insurance policies, Medicaid payback rules, whether to name siblings as trustees, the role of a Trust Protector, qualifying for and utilizing an ABLE account, and much, much more. Co-host: Nancy Dilliplane, Senior Director, Trust Administration Services, PLAN|NJ