IDFA Online Learning
Financial Advice for People with Disabilities and Their Families
Recorded On: 05/29/2018
Financial and estate planning become complicated when there is a child with a disability, and is further complicated by divorce. Join IDFA and Toronto-based Financial Advisor Ron Malis for an informative webinar to discuss the issues and strategies when dealing with a divorcing client who has a child with a disability.
During this presentation Ron will discuss the intricacies of financial and estate planning when dealing with a disabled member of the family, including:
- The increased costs of raising a child with a disability, which can be 5 to 10 times more than it costs to raise a child without a disability;
- The need of children with disabilities to rely on their parents’ financial support for their entire lives; and
- The benefits and pitfalls of government disability support programs.
Ron Malis is a financial advisor, based in Toronto. His practice focuses solely on working with clients with disabilities and their families. The majority of his clients are parents of adult children who have developmental disabilities and are receiving Ontario Disability Support Program benefits (ODSP). His understanding of ODSP, relevant estate planning strategies, the Registered Disability Savings Plan, and the management of formal trusts, has benefited many individuals with disabilities and their family members.
Ron has delivered many seminars over the years to parents, professionals in the disability sector, lawyers, and other financial professionals. He has appeared on T.V., print media, and radio, discussing financial topics related to people with disabilities and ODSP issues and changes. He is also a weekly guest on Accessible Media Inc.’s daily radio show, Kelly and Company, where he discusses personal finance.