Under paragraph 207.01(2)(b), a payment (referred to as the "survivor payment") has to have been made, as a consequence of the individual’s death, to the survivor during the rollover period from an arrangement that ceased to be a TFSA because of the individual’s death (i.e., excluding a TFSA of which a survivor of the individual became the holder). Such a payment may have been made either directly to the survivor or indirectly -- for example, a payment made indirectly to the survivor as a beneficiary of the individual’s estate.


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