Beneficiary Designations

CRA Takes 54% Of Your RRSP When You Die (Unless You Do This)

How a $1 million RRSP can create a $500,000+ tax bill at death – and the little-known planning strategy that may help families keep far more of their wealth.

• RRSP
• Family Trust
• Beneficiary Designations
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Jun 11, 2026

The RRSP Trap: Why CRA Takes 54% Of Your RRSP When You Die (And How To Stop It)

A $1 million RRSP can trigger a $540,000 tax bill at death. Learn the little-known strategy that can legally reduce that tax burden and preserve more wealth for your family.

Jun 10, 2026

CRA Bare Trust Rules 2026: Joint Accounts & Family Explained

Are joint bank accounts a bare trust? With Bill C-15 now law, here's what the 2026 CRA bare-trust rules mean for joint accounts, parent–child accounts, in-trust-for accounts, and a parent on title of a home — in plain English.

Jun 10, 2026 · Sunny Jaggi