What Happens When an Education Savings Plan in Canada Expires

Expiration or the voiding of an Heritage Education Funds RESP can happen when the plan remained unclaimed 36 years after it was opened by the subscriber, or the person who has signed up for it. In rare instances, some plans are unused for this amount of time, and the people who are affected by the voiding of the plan are often at a loss as to what will happen to all their contributions.