Setting up a trust or acting as a trustee? Either way, we can help make the complex process easier for you.
Whether you’re establishing a trust for yourself or have been named a trustee, RBC Royal Trust can help protect the interests and requirements of the trust through our experience in all aspects of trust management.
A trust makes sure your assets are distributed to your loved ones—or causes you care about—according to your specific wishes in a confidential, tax-effective way.
We can help you set up a trust to:
RBC Royal Trust professionals have in-depth knowledge of trusts and trust law, with expertise in all aspects of trust administration. You can rely on our ability to administer your trust with integrity and sound judgment.
Our trustee services are ideal for individuals who:
We act independently to establish and administer all types of inter vivos and testamentary trusts.
We act alongside another individual—you, a family member or a friend—to help establish and administer all types of inter vivos and testamentary trusts.
We can take over the administration of an existing trust should your named trustee not be able to fulfill their role.
Whether we act as sole trustee, co-trustee or successor trustee, we also provide a full range of services to protect and administer your trust. These include:
When establishing a trust, an important decision is determining who will act as your trustee. This is the individual or trust company that will carry out your wishes and protect your financial legacy.
Your trustee is essential to the preservation of the trust’s assets, so choose someone who:
Your role involves several key legal obligations and responsibilities in management and administration. Trustees face several complexities and obligations, including ensuring the trust assets are protected, keeping proper accounts and providing detailed accounting to beneficiaries.
What to consider when you’re named as a trustee:
If you feel you don’t have the time or are unsure how to proceed as a trustee, RBC Royal Trust professionals can help you in the ongoing management of trusts under your administration, while you retain final decision-making authority.
Rely on our attentive, reliable expertise as we support you in all your trustee duties, including:
Contact one of our skilled RBC Royal Trust professionals to find out more about the right services for you.
From yesterday to today to tomorrow, your wealth tells a personal story. We’ll help you align your plans with your wishes and the legacy you envision.
Have the help and guidance you need when acting as an executor for a loved one’s estate or choosing one for your own estate.
Be prepared. Appoint someone as your attorney for property to take care of your financial assets and affairs should you become unable to do so, or get help if you’ve been appointed.