Mistakes Retirees Make—Beneficiaries with Special Needs

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[Pennsylvania retirees often make legal and estate planning mistakes because of a lack of accurate information and guidance. These mistakes can impact the retirees’ financial security and prevent them from achieving important goals.]  The existence of a child, grandchild, or other potential beneficiary with a disability (often referred to as “special needs”) complicates the estate […]

Community Options: An Alternative Living Arrangement

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Recently, we had the opportunity to meet with Peter Fisher, executive director of the Pocono Regional Office of Community Options, an alternative living arrangement for disabled adults. Touring the office, seeing the resident’s homes and engaging with the staff was quite an experience for us. Community Options provides an alternative to more traditional group home […]

Congress Eases Requirements for ABLE Accounts

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Congress has eased the rules for ABLE accounts. The just enacted Omnibus Budget and Tax legislation eliminates the state residency requirement. Under ABLE some individuals with disabilities are allowed to retain much higher amounts of savings without losing their Social Security and Medicaid benefits. (See my previous article on ABLE accounts here). But the prior […]