Demystifying Family Caregiver Tax Credit and Support Programs

In Ontario, approximately 30% of the population define themselves as family caregivers. A stressful job on its own, family caregivers are often trying to balance competing priorities and face unique financial pressures. This session is aimed at clarifying tax credit eligibility and the application process – whether you are a family caregiver to a child or adult or working with family caregivers. 

Session objectives:

  1. Understanding the financial challenges of family caregivers.
  2. Assessing specific eligibility/access to tax credits and support programs when caring for a child or adult (at home or living in a facility), as of 2020, retroactive, and/or relative to earnings. The following items will be covered:
  • Disability and Caregiver Tax Credits; Registered Disability Savings Plan (RDSP).
  • Canada Recovery Caregiving Benefit (CRCB) COVID-related caregiver amounts.
  • Ontario Disability Support Program (ODSP), Passport Program, and Family Managed Funding.
  • Power of Attorney, Legal Guardianship, and Substitute Decision Makers for Personal Care.
  • Estate Planning and Henson Trusts.

Click here to register for the Zoom training.