Are contributions made towards an Individual Savings Plan during the marriage equalization of contributions made by the spouses of the children?
Ontario, Canada
The following excerpt is from Chong v. Donnelly, 2021 ONSC 5263 (CanLII):
The contributions made towards the RESP during the marriage are not those of the children. The RESPs were a jointly held asset and were subject to equalization: Christakos v. De Caires, 2016 ONSC 702. Contributions made to the RESP during the marriage were to be shared equally by the parties.
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