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ARTICLE · 25 NOVEMBER 2025

Revocation Miscalculations – Beneficiary Designations Edition

My blog of July 8, 2025 touched on a few cases where the courts had to step in because beneficiary designations for registered accounts weren't drafted or updated properly.

CanadaFamily and Matrimonial

My blog of July 8, 2025 touched on a few cases where the courts had to step in because beneficiary designations for registered accounts weren't drafted or updated properly. Case-law suggests that revoking one's beneficiary designations may also require court intervention if not properly considered by the drafting lawyer.

The relevant statutory provisions one should look to when considering revocation of beneficiary designations are sections 51 and 52 of the Succession Law Reform Act, R.S.O. 1990, c. S.26 (the "SLRA"). Note that there are additional considerations for beneficiary designations for insurance policies outlined in the Insurance Act, R.S.O. 1990, c. I.8, which is outside of the scope of this blog.

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