tag:blogger.com,1999:blog-1489173439865061632.post4545555600809764298..comments2024-03-21T07:04:24.033-04:00Comments on THE CAREGIVERS' LIVING ROOM A Blog by Donna Thomson: Al Etmanski and the Positive Power of Social InnovationAnonymoushttp://www.blogger.com/profile/11368028391616959419noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1489173439865061632.post-11279699109561494392012-05-01T19:12:30.111-04:002012-05-01T19:12:30.111-04:00Hi, it differs from the Special Needs Trust (which...Hi, it differs from the Special Needs Trust (which is more similar to the Canadian Henson Trust http://en.wikipedia.org/wiki/Henson_trust) = the RDSP is more like an RSP or Registered Education Savings Plan, because in Canada, the federal government contributes substantially to the assets in the plan. If the owner/recipient dies, the family receives back their contributions, and the government takes back theirs. But as long as the person lives, he/she can use the assets and upon redemption, they are taxed at that person's tax rate, which in the case of disability is usually very low. The funds can be used for whatever the person wishes. There is also a grant programme for people who cannot afford to start a savings plan on their own. All the details are on the website link - it's a great programme!The Caregivers' Living Roomhttps://www.blogger.com/profile/10920119448415733545noreply@blogger.comtag:blogger.com,1999:blog-1489173439865061632.post-89135130315028133992012-05-01T17:57:48.558-04:002012-05-01T17:57:48.558-04:00The RDSP sounds equivalent to a Special Needs Trus...The RDSP sounds equivalent to a Special Needs Trust in the US.cheeseladyhttps://www.blogger.com/profile/03202316725891368800noreply@blogger.com