Sentences with phrase «successor holder for»

If your brother did not name her as the beneficiary or successor holder for his TFSA, the account would be payable to his estate.

«For example, it is superior to be a successor holder for TFSA for a spouse, and our best advice is that a spouse be named a successor holder rather than a beneficiary of the TFSA,» says Caskey.

The main thing is to ensure you and your partner do the paperwork and name each other a Successor Holder for your respective TFSAs.

Not exact matches

upon the exercise of an Option or Stock Appreciation Right or upon the payout of a Restricted Stock Unit, Performance Unit or Performance Share, for each Share subject to such Award, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Control.

The stolen base was transported by County Stadium functionaries to Brock, the dethroned record holder, who waited at home plate for his successor.

Sadly for the Conservatives, not one of her successors as party leader (notably the current holder) can match her political skills, strengths and service.

Change the Account Holder or Custodian, add an Account Holder's Successor, update an address for a current Account Holder's Successor.

In fact, you can name both a successor holder and a beneficiary — for example, a man could name his wife as a successor holder and his child as beneficiary, meaning his wife would get the money after his death.

Seniors should not confuse the term Beneficiary (familiar because of RRSP and RRIF beneficiary designations) with the key TFSA term, Successor Holder, says Sandy Cardy, a former Senior VP of tax and estate planning for Mackenzie Investments.

For registered accounts, Caskey tells clients about the concepts of successor annuitants (RRIFs) and successor holders (TFSAs).

The TFSA continues to grow tax - free in the hands of a successor holder and generally, your surviving spouse will then consolidate the TFSA with their own TFSA for ease of administration.

Your brother may have appointed your sister - in - law as the «successor holder» for his TFSA, which is slightly different from appointing her as the «beneficiary.»

Platform holder confirms that next Legend of Zelda title has been in development for Wii U and console successor simultaneously, and will also launch next year

I still remember when the successor to the PSP was unveiled at a press event as the NGP, which stood for the generic place - holder moniker, Next - Generation Portable.