EP11. Can a deceased individual obtain an official receipt for tax purposes when a charity has been designated as a beneficiary of a registered retirement income fund?

EP11.Can a deceased individual obtain an official receipt for tax purposes when a charity has been designated as a beneficiary of a registered retirement income fund?

Yes. Under the Income Tax Act, a charitable donation tax credit can be claimed on a deceased individual's return for a donation of a direct distribution of proceeds to a qualified donee who is the designated beneficiary of a registered retirement savings plan (RRSP), a registered retirement income fund (RRIF), or a life insurance policy, provided certain conditions are met.

(Reprinted with permission from Info Sheet #12 Enduring Property by Charities Files)