Options upon the Death of a Locked-In Retirement Savings Vehicle Annuitant
KNOWLEDGE EXPECTED OF: CFP® Professionals Only
- Estimate the tax impact resulting from of the death of a locked-in retirement savings vehicle annuitant.
- Explain how each of the factors may impact the suitability of options for the capital property held within a locked-in retirement savings vehicle at the death of the annuitant.
- Beneficiary designations
- Instructions contained in the deceased’s will
- Estate cash flow needs
- Estate planning opportunities
- Liquidability of assets
- Tax impact
- Evaluate how each of the factors may impact the suitability of options for the capital property held within a locked-in retirement savings vehicle at the death of the annuitant.
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