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What is an irrevocable beneficiary?

A designation that cannot be changed without the beneficiary's consent, sometimes required by a separation agreement.

This is legal information only. For advice on your own circumstances, speak to a lawyer.

A designation that cannot be changed without the beneficiary's consent, sometimes required by a separation agreement.

The Canadian position

A designation that cannot be changed without the beneficiary's consent, sometimes required by a separation agreement.

Provincial law governs the detail, so confirm the position where the estate will be administered.

The Islamic position

The fixed shares apply to the net estate after funeral expenses, debts and any bequest capped at one third.

Where a Canadian instrument has no classical counterpart, treat it as a contemporary question for a qualified scholar.

Note

This is legal information only. For advice on your own circumstances, speak to a lawyer.

Citations & sources

Every factual claim on this page traces to a source below. Details change — check the original source before relying on any figure, fee or legal position. Anything under “further reading” is related material, not a source for what is stated here.

Canadian legislation & government
  1. Death of an RRSP annuitant — Canada Revenue Agency
  2. Death of a TFSA holder — Canada Revenue Agency
  3. What to do when someone has died — Canada Revenue Agency
  4. Family Law Act, RSO 1990, c F.3 — Government of Ontario
Further reading — Treadstone Law
  1. Separation not divorce beneficiary designation ontario — Treadstone Law
  2. Insurance beneficiary irrevocable ontario — Treadstone Law
  3. Life insurance in separation agreement ontario — Treadstone Law
  4. Executor sell house without beneficiary consent ontario — Treadstone Law
  5. Wills & estates practice — Treadstone Law