What is a trust? The Wealthy Barber explains


Trusts protect your wealth for the benefit of current and future generations.

This video is part of a four-part education series to help you protect your estate today and for the future. The series is produced 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.

Not sure how to get started? Let us guide you.

Contact one of our skilled Royal Trust professionals to find out more about the right services for you.

By phone: 1-855-833-6511 or let us contact you.

Did you know?
  • There are two basic types of trusts: one that is active while you’re alive and one that starts after your death.
  • Trusts allow you to benefit individuals or charities while maintaining a degree of control over your assets.
  • A trust can span several generations; a trust company will be there for current and future beneficiaries.

Planning to protect your estate and your loved ones, now and for the future.

david chilton wearing navy blazer standing by fireplace

Have you been named as an executor of a Will? The Wealthy Barber says, “Get help!”

Executor services protect you from liability and ease the burden on your family.

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david chilton wearing navy sweater with mikestand

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

Wills help you to protect your estate and ensure your wishes are fulfilled.

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david chilton wearing blue blazer

The Wealthy Barber has a power of attorney. Do you?

A power of attorney for property protects your assets so your loved ones can focus on your care.

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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. ®/TM Trademark(s) of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2019. All rights reserved.

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