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msingh2013

Hero Member
Feb 19, 2013
279
2
Hello

I am sponsoring my wife to come live with me in Canada. Does adding my spouse on my company benefits AD&D beneficiary and TFSA beneficiary help prove anything for spouse sponsorship or am I wasting my time?

Thanks
 
I am not sure how it would be viewed if it is right before or during a sponsorship application. I personally would add her, if for no other reason to know that should anything happen she will at least have something to fall back on financially. I would see it as a positive note for your application but that is just me.

Hope some of the other members answer!

Take Care
MadeInCanada
 
MadeInCanada said:
I am not sure how it would be viewed if it is right before or during a sponsorship application. I personally would add her, if for no other reason to know that should anything happen she will at least have something to fall back on financially. I would see it as a positive note for your application but that is just me.

Hope some of the other members answer!

Take Care
MadeInCanada

Thank you! A beneficiary would only help if the person who holds it passes away. So I don't know how it will help. People have told me it holds no value. Wanted to ask what others felt about this.
 
msingh2013 said:
Hello

I am sponsoring my wife to come live with me in Canada. Does adding my spouse on my company benefits AD&D beneficiary and TFSA beneficiary help prove anything for spouse sponsorship or am I wasting my time?

Thanks

Yes it helps immensely. It shows proof of shared financial interests and dependency. If it was a fraudulent marriage, then you would not want her to be listed as a beneficiary.

CIC specifically mentions showing partners as beneficiary of life insurance, in their list of proofs to support a relationship.
 
Rob_TO said:
Yes it helps immensely. It shows proof of shared financial interests and dependency. If it was a fraudulent marriage, then you would not want her to be listed as a beneficiary.

CIC specifically mentions showing partners as beneficiary of life insurance, in their list of proofs to support a relationship.

Oh really? Would you happen to know where they show this? I don't own any life insurance so I can't show that. But I put my wife as my beneficiary for my TFSA and Health Benefits program.
 
msingh2013 said:
Oh really? Would you happen to know where they show this? I don't own any life insurance so I can't show that. But I put my wife as my beneficiary for my TFSA and Health Benefits program.

You can read lots of info here: http://www.cic.gc.ca/english/resources/manuals/op/op02-eng.pdf . It mentions insurance policies in many places as proof of a genuine relationship in general.

This is just common sense though. If you have shared financial interest in each other, it adds more proof of a real relationship. It's not a mandatory requirement, but definitely helps.
 
Rob_TO said:
You can read lots of info here: http://www.cic.gc.ca/english/resources/manuals/op/op02-eng.pdf . It mentions insurance policies in many places as proof of a genuine relationship in general.

This is just common sense though. If you have shared financial interest in each other, it adds more proof of a real relationship. It's not a mandatory requirement, but definitely helps.

Thanks for that link. But I think that applies to conjugal/common-law partners who have no marriage certificate. So adding their partners on their beneficiaries shows a level of commitment. Read this:

Persons in a conjugal relationship have made a significant commitment to one another. A married
couple makes the commitment publicly at a specific point in time via their marriage vows and
ceremony, and the marriage certificate and registration is a record of that commitment. In a
common-law or conjugal partner relationship, there is not necessarily a single point in time at
which a commitment is made, and there is no one legal document attesting to the commitment.
Instead, there is the passage of time together, the building of intimacy and emotional ties and the
accumulation of other types of evidence, such as naming one another as beneficiaries of
insurance policies or estates, joint ownership of possessions, joint decision-making with
consequences for one partner affecting the other, and financial support of one another (joint
expenses or sharing of income, etc. When taken together, these facts indicate that the couple has
come to a similar point as that of a married couple – there is significant commitment and mutual
interdependence in a monogamous relationship of some permanence.
 
msingh2013 said:
Thanks for that link. But I think that applies to conjugal/common-law partners who have no marriage certificate. So adding their partners on their beneficiaries shows a level of commitment. Read this:

As i said, it's common sense. Having a marriage certificate does not mean an automatic approval of your application, and you still need to prove the marriage is genuine. The proofs you need to submit for conjugal or common-law, are essentially the same kind of proofs you need to submit for marriages.

More financial interest in each other, is added proof a marriage is real and not fraudulent. It's as simple as that.
 
Rob_TO said:
As i said, it's common sense. Having a marriage certificate does not mean an automatic approval of your application, and you still need to prove the marriage is genuine. The proofs you need to submit for conjugal or common-law, are essentially the same kind of proofs you need to submit for marriages.

More financial interest in each other, is added proof a marriage is real and not fraudulent. It's as simple as that.

I guess the more your show about "shared finances", the better it is.