Rules about spending your inheritance
ODSP will not count any part of your inheritance that you use to:
- buy items or services for your disability
- pay first and last month’s rent if you need a place to live
- help buy a home for you to live in
- buy a car
If you plan to use the inheritance for rent or to buy a car, make sure to do that within 6 months of getting the inheritance. ODSP will not count the value of your first car. But they will count part of the value of any other cars you buy.
If you plan to use the inheritance to buy a home, make sure to do that within 12 months of getting the inheritance.
If you need more time to use the inheritance for rent, a car, or a home, talk to your ODSP worker.
And before you spend your inheritance, talk to your ODSP worker or a lawyer about your plans. Keep your receipts to prove how you spent the money.
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