British Columbia Removing Financial Barriers for Persons with Disabilities on Assistance
Beginning Dec. 1, 2015, the amount of assets that people receiving disability assistance may hold without losing eligibility for assistance will rise to $100,000 for an individual with the Persons with Disabilities (PWD) designation, and $200,000 for a couple where both have PWD designation.
Currently, the asset limits are $5,000 and $10,000 respectively.
And for the first time in B.C., persons with disabilities will be able to receive cash gifts with no effect on their eligibility for assistance.
Government is also changing the way trust payments are handled, giving people receiving disability assistance greater flexibility in how they use that money to lead more independent lives.
The $8,000 annual cap on trust payments is being eliminated.
For more information: BC Gov News