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Eldercare planning

Assist aging relatives

We are living longer, healthier lives than ever before – often, longer than we plan for – and are more likely to need more savings and assistance with our care later in life.

We all want to age with dignity, and to ensure our loved ones receive the care they need. To help, we can provide strategies to fund health care costs or care facilities – the high cost of which might otherwise erode retirement savings or family inheritances.

As part of your responsibilities to care for aging relatives, you might be called on to act as an executor or Power of Attorney.

Being named as a Power of Attorney to care for a loved one’s money and property, if they become incapable of doing so themselves, can be overwhelming – especially if you are providing caregiving at the same time.

Similarly, being chosen as the executor1 of an estate can be an honour – but it can involve up to 70 tasks, and become a burden during a difficult time.

With our executor and attorney services, we can help guide you through a complex and often emotional experience to make the process easier.

1 In Quebec, “liquidator,” in Ontario, “estate trustee with a Will.”

Access comprehensive wealth planning through these RBC businesses:

Investment management and advice

Benefit from professional advice on the full range of investments uniquely personalized investment management and comprehensive financial, retirement and estate planning.

RBC Dominion Securities
Investment counselling

Realize your financial goals through consistent investment management, led by our firm's established approach, which is tailored to your family’s circumstances by a personal investment counsellor.

RBC PH&N Investment Counsel
Estate, trust and elder care solutions

Preserve your wealth for future generations while getting the professional assistance you need to navigate complex and sometimes emotional decisions.

RBC Royal Trust
Banking and credit

Receive customized wealth management, sophisticated banking, cash management and high-net-worth credit solutions, from a dedicated private banker and their team.

RBC Private Banking