Financial Considerations for Divorcing Parents of Children with Disabilities

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Recorded On: 05/07/2019

Typical financial advice and estate planning strategies can undermine access to key government disability support programs. Without a thorough understanding of the rules and regulations, parents attempting to supplement these benefits with their own money can easily and unknowingly jeopardize their child’s eligibility for government supports. An awareness of the central issues and effective strategies is key to successfully developing a sound agreement between the parents. This session will discuss the key issues and strategies to consider when your client is in the process of separation and divorce and has a child with a disability.

Ron Malis

Finacial Advsor

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.