Advice From Reegan Financial
Plans to change how the Ontario Disability Support Program treats employment income were scrapped by the Ford Government, but uncertainty about the future remains for people with disabilities on social assistance.
Including a Henson Trust in your will is
Brian is legally blind. He was part of the Basic Income Pilot Project. But now he is back on ODSP after the Ford Government cancelled it…even though they campaigned on promises not to cancel it.
Let Us Help
A single person without children living on their own can expect to receive approximately $1,168.27 a month as a recipient of the Ontario Disability Support Program. Not a lot of money when you consider the cost of living.
You have an adult son or daughter who is receiving assistance from the Ontario Disability Support Program (ODSP) and you know leaving them with an inheritance in their name after you die could easily spell the end to their ODSP benefits.
Understandably, parents of children with disabilities want to make sure their child will be okay when they can no longer parent. Making sure their child is financially secure after they are gone is one of the biggest challenges parents face.