The article deals with creative and development, corrective and rehabilitation opportunities of a tale to work with preschoolers. Under the urgent unsteady social and cultural conditions, a new line and trend of the native education development is being formed; it is originated in humanism and democracy, creativity and self-realization. The process is aimed at optimizing the cooperation between a personality, society and nature in the life creativity of every citizen, regardless of the development level, social status, mental and physical opportunities, etc. Thus, forming the content, teaching and upbringing forms and methods for the children play a significant role. These tools may provide for the effective revealing of their personalities, forming the ability to think creatively, independently make customized solutions, perform a flexible reaction on the changes under the conditions of a radical restructuring of every spheres of the society life.The problem is actualized by a rapid mental health deterioration of children that is caused by traumatic events of the brutal war of aggression of rf against Ukraine. Most children suffer from anxiety disorder, post-traumatic stress disorder (PTSD), depression, dissociative and behavioral disorders. Since, it is the education system which is designed to both develop a creative, socially active and harmoniously developed personality and provide an everyday social and psychological, as well as an emotional support for children. Here it is a teacher of a preschool institution in the center, who should possess these universal methods, tools, techniques of a creative development of preschoolers and being oriented on their corrective and rehabilitation opportunities. A tale is among the integrative tools of creative abilities development of a child, correction of the internal deformations and harmonization of his relation to the external world.Based on a tale use in an educational process at a pre-school institution, the authors determine creative and development functions of a tale, that include expanding the range of abilities (cognitive, intellectual, specific: artistic, literary, mathematical and others) and individual features (emotionality, courage of imagination, fantasy, intuitivity, etc.) of the children; they are getting visible and rich at the practice of different constructive activity, which results are described as new and original. Corrective and rehabilitation opportunities are also proved. They comprise the reflection of a child’s internal world, the consideration of complex phenomena and feelings, identification of his emotional status with the hero, comprehension of the problem and its solution, mastering the constructive variants to solve conflicts, the behavior change, emotional reactions, social communicative skills, learning moral standards