Annual Contribution Increases for ABLE Accounts Coming in 2018
The amount that can be deposited in an ABLE account each year without jeopardizing public benefits will rise from the current $14,000 to $15,000 starting in 2018. This increase is tied to the federal gift tax exclusion which is also rising from $14,000 to $15,000 due to inflation. This increase makes ABLE
Common Trust Fund Mistakes
Once you’ve decided to set up a trust fund, what next? Let’s take a look at some of the biggest mistakes people make when setting up a trust fund.