19 George, an Ontario resident held mutual funds in his RRSP account when he died. When he opened the account five years

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19 George An Ontario Resident Held Mutual Funds In His Rrsp Account When He Died When He Opened The Account Five Years 1 (17.62 KiB) Viewed 86 times

19 George, an Ontario resident held mutual funds in his RRSP account when he died. When he opened the account five years ago, he had named Jerry as his beneficiary. Last year, he wrote a will leaving his entire estate to Elaine Who will receive the RRSP funds? Oa) Ob) Jerry, because a beneficiary named in an RRSP agreement always takes precedence over a beneficiary named in a will Jerry, because the beneficiary to the RSP was named before the will was made Elaine, because the will post-cates the beneficiary designation in the RRSP Elaine, because beneficiaries of a will always take precedence over named beneficiaries or RRSPS Oc) Od