An Authorized Legal Representative (“ALR”) is someone who is legally authorized to make decisions for the Beneficiary as it relates to their ABLE account. An ALR is a Custodian for the Beneficiary, such as an individual selected by the Beneficiary, or the eligible individual’s agent under a power of attorney, conservator or legal guardian, the spouse, a parent, a sibling, a grandparent, or a representative payee (whether an individual or organization) appointed by the Social Security Administration (SSA), in that order. The ALR may neither have, nor acquire, any beneficial interest in the account during the Beneficiary’s lifetime and must administer the account for the benefit of the Beneficiary.
If you are interested in a power of attorney for a Beneficiary, you can find one specific to ABLE United here.
