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Thomas and William are in a same - sex relationship. Thomas is concerned about William's financial wellbeing should Thomas pass away before him. To protect
Thomas and William are in a samesex relationship. Thomas is concerned about William's financial wellbeing should Thomas pass away before him. To protect William while also maintaining privacy about their relationship, Thomas consults with his financial advisor, Sarah. Which of the following statements is FALSE? a Thomas should consider designating William as the beneficiary of his RRSP to ensure a taxfree inheritance.b Sarah should advise Thomas to hold their property as tenants in common.c Thomas could consider holding property in joint tenancy with William. d Thomas can name William as the beneficiary of his life insurance.
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