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Who May Subscribe to an RESP?
Any person who is concerned about the
future of a child—a parent, grandparent, godparent, uncle,
aunt, or even a friend—may subscribe to an individual RESP.
More than one person may subscribe to an RESP
for the same child. For example, a parent and a grandparent may both subscribe
to separate RESPs on behalf of the same child. They must simply comply
with the allowable contribution limits for the same beneficiary. |