So I was just reading the Disability Tax Credit (DTC) application this morning. The government seems to have widened the criteria for mental functions and life-sustaining therapy. On the...
Tag: RDSP
Update about the Registered Disability Savings Plan (RDSP) As we entered into March, many RDSP account holders already received the "Annual Statement of Grants Entitlement." This is the letter...
I recently received some inquiries regarding Bitcoin and Marijuana investments. Since many people are attraced by the related headlines, I did some research. Below are some interesting pieces for...
We work with many children with special needs. One of the questions often arise from their parents is they already have set up a Registered Education Savings Plan (RESP), but they do not expect their...
Anti-Avoidance Rules For Registered Disability Savings Plan (RDSP)
In the 2017 Federal Budget, there are a number of proposals that could impact the financial, tax and estate planning of Canadian. For families with disabilities, there is an improvement when applying...
The Power of RDSP 2017: How to Turn $21,000 into $84,000 in 5 years?
Two weeks ago, I sent out a reminder to the families that I'm working with to start planning for their RDSP contribution in 2017. Especially, by the month of March, many of them have already...