A beneficiary is the person you designate to receive your investments after your death.
Here's how to add a beneficiary to a registered account (RESP, RRSP, TFSA, etc.):
Important
This form is only valid in provinces and territories where the law allows it to be used outside of the will. For example, in Quebec, you cannot designate a beneficiary. This person can only be designated in a will, and the laws of estate settlement will apply. To learn more, consult our article What happens to an RRSP after death?