Archive for November 10th, 2009
A Brief Note on the Registered Disability Savings Plan (RDSP)
What Is the RDSP?
The Registered Disability Savings Plan (RDSP) is the Canadian federal government’s initiative in assisting individuals with disabilities.^ To become eligible for the RDSP, you must be a Canadian resident under 60 years of age and eligible for the Disability Tax Credit.*
Once an RDSP account is open, anyone with written permission can contribute [...]
Legalese Dictionary: Trust Law 101
What Is Trust Law?
In common law, a trust refers to an arrangement by which one person holds or deals with property for the benefit of another.
The person creating the trust is called the settlor, while the person enjoying the benefit is called the beneficiary. The person who administers the property under the trust is called [...]
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