How do I manage different bank accounts with multiple beneficiaries?
You have plenty of options when it comes to managing banks and/or beneficiaries. If you’re an Authorized Legal Representative (ALR) of more than one account, you can use the same banking information on multiple ABLE accounts as long as you own or are the ALR on those ABLE accounts. Otherwise, each beneficiary can use one or more bank accounts that’s either in their or the ALR’s name.