Estate planners should be aware of ABLE, a new planning tool for persons with disabilities. Using an ABLE account, alongside a special needs trust is state-of-the-art planning. ABLE stands for Achieving a Better Life Experience and is a new type of account designed exclusively for people with disabilities. The assets in an ABLE account can grow income-tax free and the assets will not interfere with that person’s essential public benefits. It is structured under similar rules as a 529 Plan education account and the rules are found at IRC §529A. Some of the benefits of the ABLE account for a person with a disability is that they can manage their own money, they can save for big ticket items to make their lives better, and it is tax favored. Persons with disabilities and the charities that support them are aware of the benefits of this wonderful tool. However, many of them are not aware of some of its limitations including funding limitations, eligibility restrictions, payback requirements, and limited distributions. It is up to the planners to let their clients know about this plan and how it can help people with disabilities.