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What happens to my Tax-Free Savings Digital banking

Account (TFSA) if I die?

Bank accounts
If you designate your spouse or common-law partner as a successor
holder, you may allow them to assume your plan on your death without Credit cards
affecting their own TFSA. Or you can designate a beneHiciary(ies) to
receive the funds in your plan upon your death. Scene+ rewards

The beneHiciary/successor holder option is available in all provinces and Borrowing

territories except for Quebec. Residents of Quebec may make
designations through a will. Investing

Always check with your legal advisor before making tax and estate
Registered
decisions.
accounts

Last updated February 3, 2023

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