If a TFSA holder dies - Canada.ca
Oct 10, 2025 · What a successor holder is and possible tax implications. What a designated beneficiary is and possible tax implications. Information about when the holder of a Tax-free …
TFSA beneficiary rules: Should you use the successor holder or ...
Dec 20, 2019 · When naming your spouse to inherit your TFSA account, you have two designation options: 1) you can name your spouse or common-law partner as a successor …
Successor Holder vs Beneficiary: Which one should i chose?
Jul 28, 2025 · When it comes to planning your estate and ensuring a smooth transfer of assets upon death, understanding the Canada Revenue Agency (CRA) rules around successor …
TaxTips.ca - Death of TFSA Holder
The Income Tax Act only allows the tax exempt status of the TFSA to be passed on to a spouse or common-law partner who is a successor holder, which differs from a beneficiary.
TFSA Successor Holder Vs Beneficiary: What’s The Difference?
Mar 27, 2023 · Now that you have a general idea of the differences between these two inheritance designations, here’s a complete breakdown of the differences between a TFSA …
TFSA Beneficiary Designation Rules And Tax Implications
Oct 24, 2025 · This article explains the key TFSA beneficiary designation rules, the difference between a beneficiary and a successor holder, and the potential tax consequences for your …
TFSAs & RRIFs: What’s the difference between beneficiaries, successor …
Jan 19, 2022 · On your TFSA, you can list either a beneficiary or a successor holder. When naming a beneficiary, the beneficiary can be anyone you like or can even be your estate. And …
TFSA Beneficiary vs Successor Holder: What Canadians Need to …
Choosing between a TFSA beneficiary vs successor holder is an essential part of estate planning in Canada. Naming your spouse as a successor holder keeps your TFSA tax-free and avoids …
TFSA Beneficiary vs. Successor Holder: Designating a TFSA Beneficiary
Jan 13, 2025 · Learn about how to designate a beneficiary for your TFSA including differences between TFSA beneficiaries vs successor holders and what happens to a TFSA account after …
Beneficiary vs. Successor - MoneyTalk
With a TFSA, you can name either a successor holder or a beneficiary. But typically naming a spouse or common-law as a successor holder for your TFSA is more tax-efficient than naming …