What is an individual plan and who can be a beneficiary?

An individual plan is an RESP set up by a subscriber for one beneficiary. A subscriber may
designate anyone as the beneficiary of the plan, including himself/herself, a spouse or a
common-law partner. There is no age restriction on the beneficiary of an individual plan.
The individual plan is the only plan available that allows the beneficiary to be unrelated
by blood or adoption and any beneficiary over 21.