During marriage we took out an RESP for each kid. Payments were made for approximately 4 and 1yr respectfully.
Post separation, ex insisted to continue making payments for about a year. I made periodic inquiries with the institution to ensure these policies remained in good standing. I discovered on two separate occasions that they were in default due to lack of payment. The first time, I confronted my ex. He vowed to catch up on the payment, said it would never happen again, and insisted on staying on the policies. The second time he agreed to take his name off the policies and I caught up on the payments.
I have been the sole owner and contributor for these RESPs for 10+yrs now. I have also started a RDSP for my youngest who will never attend post-secondary school.
My question is how do I ensure if my eldest child decides to attend post-secondary school, I can use this RESP as my contribution? Ideally I would want to use both RESPs for the one kid.
It would be great if ex continued contributing so that this could be a joint thing which we would mutually benefit from but it hasn't. He makes more money than I do yet I chose to sacrifice in the name of savings and he chooses not to. I just have a hard time seeing the fairness if my ex getting equal benefit from my saving.
Post separation, ex insisted to continue making payments for about a year. I made periodic inquiries with the institution to ensure these policies remained in good standing. I discovered on two separate occasions that they were in default due to lack of payment. The first time, I confronted my ex. He vowed to catch up on the payment, said it would never happen again, and insisted on staying on the policies. The second time he agreed to take his name off the policies and I caught up on the payments.
I have been the sole owner and contributor for these RESPs for 10+yrs now. I have also started a RDSP for my youngest who will never attend post-secondary school.
My question is how do I ensure if my eldest child decides to attend post-secondary school, I can use this RESP as my contribution? Ideally I would want to use both RESPs for the one kid.
It would be great if ex continued contributing so that this could be a joint thing which we would mutually benefit from but it hasn't. He makes more money than I do yet I chose to sacrifice in the name of savings and he chooses not to. I just have a hard time seeing the fairness if my ex getting equal benefit from my saving.
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