The Wealthy Barber on why it’s important to talk to your family about estate planning

October 07, 2022 | David Chilton


David Chilton and his daughter, Courtney, discuss his executor, probate, power of attorney and digital assets

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™

recent survey by RBC Royal Trust found that 52 percent of Canadians still don’t have a Will, and 25 percent of Canadians don’t know where to start with creating their Will. Having an up-to-date estate plan that includes your Will is important, but it’s just the first step. Talking to your family about your plan can help alleviate questions, stress and time when it comes to settling the estate down the road.

“That half-hour conversation can save so much stress and time and money down the road.” – David Chilton

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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.


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