WebCan an aunt open a family RESP? You can open an RESP for any child, be it your own, a niece or nephew, grandchild or even a family friend. Can I use my RESP to buy a house? RESPs are not the only way to invest for future education. There's no question it is one of the most attractive options given the Canada Education Savings Grant (CESG) from ... WebMany grandparents, parents, aunts and uncles open up an RESP as a gift to a child to celebrate a special occasion. Since starting early is one of the best decisions an RESP …
Can I Open an RESP for a Child That Isn’t Mine?
WebCan an aunt open a family RESP? You can open an RESP for any child, be it your own, a niece or nephew, grandchild or even a family friend. Can I use my RESP to buy a house? RESPs are not the only way to invest for future education. There's no question it is one of the most attractive options given the Canada Education Savings Grant (CESG) from ... WebMay 12, 2016 · The government doesn’t consider nieces and nephews blood relatives, so an aunt or uncle could open an account for a niece … immoweb contacteren
How to open an RESP for a child if you are not their legal …
WebApr 15, 2024 · Extrapolating from there, an aunt-nephew baby would have an inbreeding coefficient of one-eighth, meaning reproduction would carry double the genetic risk compared with a cousin-cousin baby. Not ... WebConclusion. An aunt can receive temporary or permanent custody of her nieces and nephews. The laws affecting an aunt’s right to get custody of her nieces and nephews vary from state to state. Generally, if the child is being abused, neglected, or is in danger, then an aunt has a higher chance of getting custody of the child. WebOnly the custodial parent/primary caregiver can apply for the CESG so if you open one up for your nephew and are NOT the custodial parent/primary caregiver , you cannot apply for the CESG UNLESS the CP/PC signs Annex B of the CESG application form that allows the subscriber’s (yourself) RESP to hold the grant. list of vaccinations required for green card