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Where applicable, consider naming your spouse or common-law partner, dependent child or dependent grandchild, rather than your estate, as beneficiary of your RRSP or RRIF. Assets may pass tax-sheltered upon your death directly to an existing or new RRSP or RRIF of your surviving spouse or common-law partner, or to a dependent child's annuity (transfer via a Designation of Beneficiary in your RRSP or RRIF or via your will). A dependent child can receive your RRSP The RRSP or RRIF money can be transferred to an annuity for a financially dependent child or grandchild under age 18 to provide benefits payable to age 18. Funds can also be transferred to an RRSP of a child of any age who is dependent on you due to a mental or physical infirmity.

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