Keeping your inheritance
If you keep a gift instead of spending it, ODSP counts the gift as an asset. So if you keep any of your inheritance instead of spending it, ODSP counts what you keep as an asset.
ODSP counts it as an asset the month after you get it.
For example, you get an inheritance of $8,000 in July. You spend $3,000 right away and keep $5,000 in a savings account.
ODSP does not count any of your inheritance as an asset in July but counts $5,000 as an asset in August.
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