michika, you can open an RESP in their name. Then, only they can cash it in for education and the parents aren't involved at all. Plus if they don't continue their education, you can transfer it into your own RRSP so your protected from the children's choices as well as the parents.
The amount you're contributing is enough for a $100 per year Canada Education Savings Grant (CESG) and the full $800 lifetime amount of the Alberta Centennial Education Savings (ACES) Plan.
The amount you're contributing is enough for a $100 per year Canada Education Savings Grant (CESG) and the full $800 lifetime amount of the Alberta Centennial Education Savings (ACES) Plan.