Parents want to set up 10 pay WL for 5 year old with no intentions of touching for 60+ years. Questions...
1. Who should be the owner...child or parent? First thought is to name parent as owner but ON application has no place for "contingent owner". (parent will be dead in 60 years) Assuming ON has a form but could not call today to get answer and waiting 3 days for answer will drive me crazy? Wasn't able to find anything on website for contingent owners either.
2. Off hand, anyone more competitive here than ON for 10 pay on a child?
I appreciate any input.
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1. Who should be the owner...child or parent? First thought is to name parent as owner but ON application has no place for "contingent owner". (parent will be dead in 60 years) Assuming ON has a form but could not call today to get answer and waiting 3 days for answer will drive me crazy? Wasn't able to find anything on website for contingent owners either.
2. Off hand, anyone more competitive here than ON for 10 pay on a child?
I appreciate any input.
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