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You are assisting you clients, Steven and Martha, with their estate planning so they can...

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Accounting

You are assisting you clients, Steven and
Martha, with their estate planning so they can
coordinate their insurance and investment
needs. Steven and Martha are married and
have two children. Steven has a Registered
Retirement Savings Plan (RRSP) and Martha is
the beneficiary on the plan. You are explaining
the implications in terms of their RRSPs. Which
of the following statements is correct
concerning their RRSPs?

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