Won a Will Challenge? How to Keep Your BC Disability Benefits
Onyx Law Group · Vancouver, British Columbia
In BC, receiving a settlement or inheritance can put disability assistance at risk, at least for the month the money arrives. Some of it can go to permitted uses, such as a home, a vehicle or an RDSP, and the rest generally needs to go into a discretionary disability trust to protect benefits.
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Full transcript
I won a will challenge. How do I receive the money without losing my disability benefits? So in BC, if somebody is receiving a person with disabilities pension or other disability pension from CPP, there is a risk of losing their benefits, at least for the month that they receive those benefits from a settlement or from an inheritance, if that money is not used, there’s a certain number of rules to purchase a home, to purchase a vehicle, to put in a registered disability plan, and any excess that’s not put into these amounts, these categories, would have to be put into a discretionary disability trust. And if not, then their disability benefits are taken away.
General information, not legal advice.
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