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.
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.
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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.