NC ABLE Webinar Series: NC ABLE Accounts vs. Special Needs Trusts


Achieving a Better Life Experience (ABLE) accounts and Special Needs Trusts are two important options for people with disabilities and their families to save and fund expenses while preserving eligibility for key state and federally funded benefits like Supplemental Security Income (SSI) and Medicaid.

This webinar is hosted by NC ABLE and features insights from Reid Chisolm, Assistant General Counsel at the Department of State Treasurer, Kara Gansmann, Partner at Cranfill Sumner LLP.  This webinar will highlight and compare the features of ABLE accounts and SNTs, including whether and how they may be used together to benefit people with disabilities.

This presentation will cover:

  • Eligibility for ABLE accounts and Special Needs Trusts
  • Setting up and contributing to ABLE accounts and Special Needs Trusts
  • Using funds in an ABLE account or a Special Needs Trust
  • Benefits eligibility and Medicaid recovery