Special Needs and Disability Estate Planning - 2022
Did
you know that one and 10 of your clients families have a child with
disabilities or special needs? Join Ken as he discusses how many
accountants don’t even know their clients have a disabled child or how
this can impact financial planning that they do for them.
Major
Topics Include:
-
ODSP & how it can affect estate planning
-
Tax Credits & RDSPs
-
Substitute decision makers
- Pension
Planning
-
Trusts (Henson Trusts, Lifetime benefits trusts etc.)
Instructor
Kenneth Pope LL.B TEP
Kenneth C. Pope is one of the most experienced practitioners in Ontario providing services to families with a family member with a disability, and has focused his practice to help them put in place Henson trusts, which ensure that the child with a disability will not lose provincial disability benefits as a result of their inheritance. He also acts on behalf of clients to deal with Canada Revenue Agency to back file disability related tax credits and recapture substantial amounts of taxes which should not have been paid. Recovered amounts are typically $16,000 to $22,000.