Tuesday, September 8, 2015
TFSA designations may cause estate problems
Posted by Lynne Butler
I've come across a really good article about Tax Free Savings Accounts (TFSAs) and what happens when the owner of a TFSA dies. It's by Amin Mawani and appeared on www.advisor.ca. The article is a few months old but somehow I didn't see it before. Click here to read it. It gives a really good rundown on beneficiary designations and successor owners, and you'll probably find it eye-opening if you own a TFSA.