Disability Tax Credit (DTC) and Registered Disability Savings Plan (RDSP) Open Discussion

OBIA offered an open discussion webinar specifically tailored for caregivers and survivors of acquired brain injury (ABI).

Join Daniel Carroll and Maria Campanella of Hudson Wealth and Trust Planning Group as they examine some of the key concerns around the Disability Tax Credit (DTC) and the Registered Disability Savings Plan (RDSP) and how survivors of ABI can benefit from these.

Topic outline:
The Disability Tax Credit (DTC)
Who is eligible and how to apply?
How to increase the odds of being approved.
Why should someone apply?
What are the potential pitfalls?
What deductions and credits are available?

The Registered Disability Savings Plan (RDSP)
What exactly is the RDSP and what is it for?
When should someone open one?
What investment strategy is suitable in this account?
What are the benefits?
What could go wrong?
How can this account be used in estate planning?
ODSP’s position on the RDSP
When can/should the money in this account be accessed?