Smartinvesting.ca | Smart ways to save tax by splitting investment income with your child

Smartinvesting.ca | Smart ways to save tax by splitting investment income with your child: "One thing for the parent to keep in mind is that the funds in an in-trust account belong to the child. When the child turns 18, he or she can claim it all and do what they want with it. In contrast, the parent retains control of the funds in an RESP and can dispense them to the child up to age 25 as appropriate as long as the child attends a post-secondary institution. "