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

Estate planning
Insights

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

Share

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 daughter, Courtney 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


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. ©/™ Trademark(s) of Royal Bank of Canada. RBC and Royal Trust are registered trademarks of Royal Bank of Canada. Used under license. © Royal Bank of Canada 2022. All rights reserved.

RBC Wealth Management is a business segment of 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.

® / ™ Trademark(s) of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2024. All rights reserved.


Let us guide you


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

What you and your family should know about estate planning

Do you have a power of attorney? The Wealthy Barber and his daughter discuss why everyone needs one

Who will manage your finances if you can’t? Powers of attorney are an essential part of your estate plan.

The Wealthy Barber’s dad on being an executor of a Will

Settling an estate with no experience is not for the faint-hearted.

Related articles

Hear from the Wealthy Barber’s dad on why he’s named a corporate executor, instead of family

Estate planning 2 minute watch
- Hear from the Wealthy Barber’s dad on why he’s named a corporate executor, instead of family

The Wealthy Barber: How a trust company can help

Estate planning 3 minute watch
- The Wealthy Barber: How a trust company can help

Have you made these two estate planning mistakes?

Estate planning 3 minute watch
- Have you made these two estate planning mistakes?