This video is part of the What you and your family should know about estate planning video series created in collaboration between RBC Wealth Management Royal Trust and David Chilton, author of best-selling personal finance guides The Wealthy Barber and The Wealthy Barber Returns, and former dragon on CBC’s Dragons’ Den. This series features David Chilton’s dad, Bob Chilton. Leave a legacy, not a burden™
Only 35 percent of Canadians have appointed a power of attorney for property according to a recent survey by RBC Royal Trust. Preparing a power of attorney for property is an essential part of estate planning in order to ensure your financial affairs are managed should you become unable to do so.
“Everyone should have a power of attorney in place in case they become incapable of managing their own finances.” – David Chilton
RBC Royal Trust and RBC Wealth Management are business segments of the Royal Bank of Canada. Please click the “Legal” link at the bottom of this page for further information on the entities that are member companies of RBC Wealth Management. The content in this publication is provided for general information only and is not intended to provide any advice or endorse/recommend the content contained in the publication. ©/™ Trademark(s) of Royal Bank of Canada. RBC and Royal Trust are registered trademarks of Royal Bank of Canada. Used under license. © Royal Bank of Canada 2022. All rights reserved.
In Quebec, financial planning services are provided by RBC Wealth Management Financial Services Inc. which is licensed as a financial services firm in that province. In the rest of Canada, financial planning services are available through RBC Dominion Securities Inc.