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So I been looking online for a friend who got a inheritance but the person is on EIA disability. There is a thing called eia trust account where they put there full inheritance in, however, can only withdraw there yearly max from it. I am helping to set this up for this person but I went to td Canada trust and they had no idea what I was talking about. Anyone here ever deal with something like This?.

RDSP is what you’re looking for. Govt will even match some of the funds to a maximum value.  
My son is now an adult living with autism and I have one for him. Cody Matthewson at Premier Financial should be able to help. Good luck!!

I know what you are referring to...contact the Community service worker of the person with the disability...they can help you.

If you are a person with a disability....and registered with them as having a disabiltiy....you are allowed to have a trust account with money in it....I believe it is $100,000.00 but it has to have someone other than yourself as director of the trust....it doesn't have to be them....

A disability trust and an RDSP are different things. Some of the information posted on this thread so far is not correct.  
 
Please have the person contact their EIA counsellor directly and they will explain how the funds can be set up in a trust.  
 
From what I underatand it just needs to be in a separate account (there’s no such thing as a disability trust account at the bank) and you have to provide an annual accounting of those funds. You can only spend up to $4000 per year on non-disability related expenses. I believe you can keep up to $200,000 in a disability trust. Provided the funds are eligible (inheritance funds would be), if you follow the EIA rules it won’t affect your regular EIA benefit. The person recieivng the inheritance can manage the trust, provided they’re capable of this.  
 
Now if someone leaves an inheritance to someone in their will and designates a trustee that’s a whole different thing.  
 
You can also hold an RDSP while recieivng disability EIA and that might be an option in additional to, or instead of, a disability trust. RDSP’s are good as the government provides grants but it’s meant to be used as a retirement type income and you can’t take it out until a certain age (or you can but you lose the grant money).  
 
Please arrange a meeting with the EIA counselor though as some of my information could be outdated and you’ll want to ensure it’s done correctly and you know all the reporting requirements.

You should only invest money that this individual is not going to utilize into a RDSP, as it has a 10 year vesting period before you lose the money given to you by the government, this account is purely for individuals who are disabled and still need to build a retirement savings.  
 
I am not well versed in EIA, but I am a financial planner, and I will look into this for you if you want to send me a message. People with disabilities do have quite a few options to maximize an inheritance situation like this.