Who can be the Qualifying Family Member of an RDSP? (2023 Update)
Ever since the announcement of the recent Federal Budget, I’ve been keeping a close eye on the latest news to ensure that more families are fully informed about its potential impact. If you recall,...
I work with many parents with disabled children. One of the questions that often comes up is how the parents can transfer their assets to the disabled child when they pass away. Many of...
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...
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...
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...
