We’ve selected key charts and commentary to provide timely insights across finance, technology, and global markets. Below are highlights that may support your strategic decision-making or simply offer a broader perspective on the world today. As part of our commitment to supporting your overall financial well-being, we want to remind you of the importance of having a valid WILL in place. While many of our clients require sophisticated estate planning with the support of a lawyer, we often find that younger family members or those just starting out may not yet have a will in place, despite how critical it is. In fact, over half of Canadian adults don’t have a will, leaving their families unprepared in the event of the unexpected. To help bridge that gap, RBC has partnered with Epilogue, a Canadian platform that allows users to create a legally valid will online in about 20 minutes.
While we strongly recommend that our clients work with an estate planning lawyer to ensure their estate plans are comprehensive and tailored to their unique needs, we also recognize that younger adults in your family may be looking for a simple and accessible way to get started with their estate planning. For children, grandchildren, or other young adults in your family who may not have complex assets or estate planning needs, RBC's partnership with Epilogue can be a useful resource. This platform allows users to create a basic, legally valid will online, which can be a useful introduction to estate planning and help them establish a foundational will that reflects their basic wishes.
Key benefits of Epilogue include:
- Quick and easy online process
- Legally binding wills that reflect basic wishes
- Affordable and accessible – ideal for young adults just starting out
- Designed for Canadians and reviewed by lawyers
It's essential to note that as their financial situations and assets become more complex, they will likely require more comprehensive estate planning advice from a qualified professional. However, for now, Epilogue can provide a convenient and affordable way to get started.
Important considerations:
This platform is not suitable for individuals with:
- Complex assets (e.g., private corporations, trusts, real estate in multiple jurisdictions)
- Unique or detailed estate planning needs
- Blended families or dependents with special circumstances
In those cases, we strongly encourage working with an estate planning lawyer to ensure their wishes are properly documented and their plan reflects their full financial picture. If you have any questions or would like to discuss this further, please don't hesitate to reach out to us. We're also happy to provide guidance or referrals for more tailored estate planning support.