Walton Financial Group in Barrie has advice about TFSA’s, RRSP’s and RRIF’s, as well as the importance of designating beneficiaries
Call Walton Financial Group for advice about the status of TFSA’s, RRSP’s, and RRIF’s in the event of death
As a first step, Walton Financial Group recommends that you go through all your registered accounts to ensure that you have named a beneficiary.
In all provinces but Quebec, you can name an individual as a beneficiary for an account right on the application form. You don’t have to, though. If you prefer, it’s possible to name your estate as the beneficiary and leave it to your will to say which account assets go to whom.
The key thing here is to make sure you have a clearly designated beneficiary either as identified on the application form or on your will.
Don’t have a will? Get one! A will is a cornerstone of your financial plan.
Call Walton Financial Group in Barrie, Ontario to talk with a financial advisor about identifying a beneficiary for your registered TFSA, RRSP and RRIF accounts, and for advice about your inclusion of beneficiaries in your will.
