View Single Post
Old 04-25-2021, 10:21 AM   #9
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
Exp:
Default

Quote:
Originally Posted by pseudoreality View Post
I have a question somewhat related to this and estate planning. If my wife and I were to both pass, we would want our kids RESP topped off, but would it be better to have the estate just pay $2500/year/kid in order to get the grant?
Well honestly, I havenít dealt with this situation, but Iím inclined to say yes. I think that to get the grant theyíd still limit you to the amount you could contribute each year for each child. I donít think thereís any exclusions to that limit (aside from $5k/year for missed years).
Slava is offline   Reply With Quote
The Following User Says Thank You to Slava For This Useful Post: