Maximizing the value of your estate

From reducing taxes to ensuring your wealth transfer goes through smoothly for your loved ones, there are several strategies to build a careful estate plan custom to your situation, and we can help.

Watch this video and discover several tips for creating a tax-smart estate plan.

Acting as Power of Attorney

To be named a Power of Attorney is an incredible honour as it requires considerable trust in your abilities to manage your loved one's financial affairs. That said, managing someone's affairs also requires a great deal of time and emotional fortitude to continually speak on a loved one's behalf on major life decisions.

Watch this video to learn about the services available to help you manage what is an important responsibility at a trying time.

Consider Using the Services of Corporate Executors

RBC 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, have entered a three-year partnership to raise awareness of the benefits of retaining a corporate executor and trustee.

Click on the links below to learn about David's thoughts on Estate planning:

Why The Wealthy Barber won’t act as executor for even his closest friends

The Wealthy Barber on why a DIY approach for executors is often unwise

The Wealthy Barber: Get an up-to-date will!

 

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To learn more about estate planning visit our Will and Estate page or contact us today

Estate planning guide

Estate planning guide

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Family inventory checklist

The Family Inventory

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Wealth Transfer Report

Wealth Transfer Report

It's estimated that within a generation, US$4 trillion will be passed down to inheritors in Canada, the United Kingdom and the United States. Yet wealth rarely endures long enough to create a legacy that lasts for multiple generations.

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