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Standard Life | TFSA Should Your Spouse be the Beneficiary or Successor Planholder

A segregated fund contract can be registered as a Tax-Free Savings Account (TFSA). Couple ask whether it is best to designate their spouse as the beneficiary or as the successor planholder. A number of factors need to be considered when deciding whether to name a spouse the beneficiary or the successor planholder. Let’s look at the considerations that enter into this decision.

TFSAs – Should Your Spouse be the Beneficiary or Successor Planholder

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