FPpro

It comes up often enough where people are asking the question of can the subscriber decide if the beneficiary gets the funds of an RESP or not. This is the first court case I've seen that has dealt with it.

https://advisor.ca/industry-news/regulation/court-orders-return-of-resp-money/

Looking for some feedback and accountants I was discussing with were uncertain.

Would an in trust for minor investment account be excluded from the new filing requirements of T3 under the following:

Exceptions from the additional reporting

Certain types of trusts are excluded from these additional reporting requirements under new subsection 150(1.2), including a trust that:

• ​
• Has all of its units listed on a designated stock exchange

I understand it that it would be excluded, but wondering if everyone else is reading it the same way.