Donation to a qualified donee

If a qualified donee was named as a beneficiary of the deceased holder's TFSA, the transfer of funds to the qualified donee must generally occur within the 36-month period following the holder's death. If necessary, once the donation has been completed, it is possible to ask to have the deceased's tax return for the year of death adjusted in order to claim the charitable donation tax credit.

Date modified:

2016-01-14