From the Edmonton Journal
The Alberta government introduced new legislation Monday to help parents set aside financial support for children with disabilities without risking their access to provincial benefits.
“It will allow Albertans to establish trusts for family members and loved ones who are receiving AISH benefits without affecting their eligibility for the program,” Community and Social Services Minister Irfan Sabir told a news conference.
People with disabilities who depend on Assured Income for the Severely Handicapped (AISH) receive living allowances of up to $1,588 per month, as well as other benefits. But under current law, Albertans with assets totalling more than $100,000 aren’t eligible to receive AISH, although there are exemptions for such things as a principal residence and a vehicle adapted for the applicant’s disability. AISH benefits end at age 65.
If approved, Monday’s legislation closes a gap that meant people with disabilities were cut off from benefits if they passed that threshold in assets, through a family trust, for example.