| Author: |
|
Steve |
| Date: |
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March 5 , 2002 |
| Question: |
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Are RRSPs held by an insurance company exempt from creditors
upon bankruptcy?
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From: |
|
Ann Clarke, Collins Barrow Limited |
| Date: |
|
March 6, 2002 |
| Answer: |
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If the beneficiary for the RRSP belongs to the protected class, such as parent, child or spouse, insurance RRSP's are usually exempt.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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