Navigating ODSP and Inheritance in Ontario

Receiving an inheritance while on the Ontario Disability Support Program (ODSP) can raise complex questions and serious worries about losing vital benefits or housing. Understanding how inheritances are treated under ODSP is the first step to protecting long-term stability and financial security.

This video explores what happens when a person on ODSP inherits money or property, outlining which assets are exempt, how to report an inheritance correctly, and when to consider solutions like a Henson Trust or other asset-protection plans. We also explain how working with a trustee can help manage funds effectively, maintain eligibility for ODSP, and plan for long-term financial stability, housing security, and continued access to essential government benefits and support programs.

With real-life examples and practical guidance, families can see how proper planning helps preserve benefits, safeguard rent-geared-to-income housing, and ensure ongoing care for loved ones with disabilities. The focus is on reducing stress, avoiding costly mistakes, and creating a plan that fits your family’s unique situation under Ontario’s inheritance and ODSP regulations.