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Cindy named her only child, Jeremy, age 32, as the beneficiary at TD Canada Trust where she held her RRSP. Several years later, she fell
Cindy named her only child, Jeremy, age 32, as the beneficiary at TD Canada Trust where she held her RRSP. Several years later, she fell madly in love and, in her will, added her new "friend" as a beneficiary to receive half of the $500,000 in her RRSP.Then she died. Jeremy is entitled to:
Question 48 options:
$250,000 less 1/2 of the final taxes
$250,000
$500,000
$500,000 less the final income taxes
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