Bound by law and love
If you’re an Authorized Legal Representative, you know that it takes resources to take care of simple things, every day.
Opening an ABLE account for a child, or someone you care for, empowers them to become more financially independent, more confident, and more secure about their future.
The Washington State ABLE Savings Plan was created as an empowerment tool for people to save, invest, and open a world of opportunities. It’s for the things they require today and the things they may need or want in the future. Whether it’s a home of their own, additional care, training for a first job, or retirement, an ABLE account can help support their goals.
An ALR can manage an ABLE account for an eligible beneficiary who is under the age of 18 or not capable of managing their own account. Before an ALR can open an account for a beneficiary, they must have Power of Attorney or Legal Guardianship documentation, or be parent of a beneficiary under 18 years old.
Are you an ALR?
An Authorized Legal Representative is someone who is legally authorized under state and federal law to make decisions for the beneficiary. You’re an ALR if:
- You can provide documentation that you have Power of Attorney, or Legal Guardianship or Conservatorship for the beneficiary
- You’re the parent of a beneficiary who is under the age of 18
- If you don’t currently have Power of Attorney for a beneficiary, you can use this Power of Attorney Form or find more information about Guardianship in the state of Washington here.