In the unfortunate event of your death, your TFSA1 can be transferred to either:
![Beneficiary Explanation](/content/scotiabank/ca/en/personal/investing/tax-free-savings-account/tfsa-infographic-2017/_jcr_content/main-par/section_container/section-container-par/image.img.png/1565794730537.png)
1
In Quebec, a Beneficiary or Successor Holder can only be designated through a Will
2
If the beneficiary is your spouse, other options may be available. Please consult your tax advisor for further information.