When donating your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF), your estate may claim gifts in the year of death equal to 100% of your net income in that year and the preceding year and reduces the burden of probate fees.

This type of donation allows you to retain full use of your retirement savings investment while you are alive and can be revoked at any time should your financial situation change.