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Archive: 2015

February 24, 2015

Florida Passes New Elder Exploitation Law

On October 1, 2014, Florida Statute 825.103, entitled “Exploitation of an elderly person or disabled adult” became effective.  This statute makes it easier for prosecutors to pursue people who prey on elders and increases penalties for crimes against elders.

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February 16, 2015

Tax-Free ABLE Accounts Will Soon Help Some Disabled People Save Money

Written by Tracy Zanco, Esquire

Pursuant to the Achieving a Better Life Experience (ABLE) Act of 2014, new tax-free savings accounts will soon be available for certain people with disabilities.  The ABLE Act amends Section 529 of the Internal Revenue Code of 1986 and aims to help people with disabilities save money while retaining important government benefits.  Accounts may be in place in some states in 2015, but the implementation dates will vary from state to state.  The Florida ABLE Program will be implemented on or before July 1, 2016.

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