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...
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Owning a home is one of the common financial goals for many Canadians. For people receiving benefits from the Ontario Disability Support Program (ODSP), purchasing a property as 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...
There has been a number of changes in the 2017 Federal Budget. One of them pertains to the Disability Tax Credit. If one could recall, Disability Tax Credit is a non-refundable tax credit for...
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...
Why My RDSP’s Matching Grant Is Less Than The Previous Year’s?
A number of families that I am working with already received their "Annual Statement of Grants Entitlement" from the government. Some of them contacted me and had the common questions "Why My RDSP...