RDSP Improvements Announced

Good News for People with Disabilities in the Federal Budget Once again, Minister James Flaherty demonstrated his commitment to people with disabilities, their families and to the Registered Disability Savings Plan... Read More

RDSPs versus Trusts: Scenario 1 (Nicholas)

As the RDSP Resource Centre, you might expect that we would always recommend a Registered Disability Savings Plan as the best solution.  Other’s tend to say, “Why not use both a... Read More

Clarifying New Carry Forward Rules

One of our client administrators had a question recently, “I just turned 50.  Can I open a Registered Disability Savings Plan and put money in the Grant and Bond for previous... Read More

The Holder – Going Into the Tough Areas

We regularly get tough questions about account holders and issues such as conflict among Holders of Registered Disability Savings Plans and control of the asset.  We’d like to delve deeper into... Read More

Top Ten List – Revised

Vote for your own top ten list here! After much research, discussion and deliberation, I completed my submission of recommendation to improve the Registered Disability Savings Plan.  Obviously with approximately $450... Read More

Transitions for Children in Care

In 2009, the Public Guardian and Trustee of British Columbia approached Planned Lifetime Advocacy Network (PLAN) with an issue that was emerging as a result of opening Registered Disability Savings Plans... Read More

Account Holders and Representation Agreements

(British Columbia only – because Representation Agreements are available only in BC, this post is only for BC residents.  Read about our collaboration with PLAN, CACL and others to improve the... Read More

Top 10 Improvements to the RDSP

While preparing for the federal government RDSP Consultations currently underway, I have formulated my top 10 list of reforms to improve the Registered Disability Savings Plan to make it more useful... Read More

A Solution for the Legal Capacity Barrier

Under current legislation and practices an adult, who is deemed not to have contractual competence by a financial institution, faces significant barriers in opening an RDSP outside of British Columbia. As... Read More

Everything you Wanted to Know About the Holdback Amount (but were afraid to ask)

We have written extensively on the holdback amount, as part of withdrawals (http://rdspresource.ca/index.php/how-do-you-get-money-out-of-an-rdsp/) and as a deterrent to people considering opening a Registered Disability Savings Plan (http://rdspresource.ca/index.php/2011/08/should-the-holdback-amount-deter-you-from-opening-an-rdsp/). Through discussions with both... Read More