Tag · Canada
successor holder
Loopholes Tagged "successor holder"
Plain-English guides to Canadian legal rights and workarounds related to successor holder.
Easy estate-planning
TFSA Exempt Period After Death — Use the Post-Death Window Before Extra Growth Becomes Taxable
After a TFSA holder dies, the account enters a special period where only limited post-death tax sheltering continues.
Medium If You're Saving for Retirement
TFSA Successor Holder — Keep a Spouse's TFSA Tax-Free After Death
Naming a spouse or common-law partner as TFSA successor holder is often much better than naming them only as beneficiary, because the account can continue as their TFSA without using new contribution room.