{"id":7113,"date":"2021-10-22T07:36:52","date_gmt":"2021-10-22T12:36:53","guid":{"rendered":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/royal-trust\/story\/the-value-of-having-a-partner-look-after-all-of-the-details\/"},"modified":"2025-04-01T15:25:54","modified_gmt":"2025-04-01T19:25:54","slug":"story-the-value-of-having-a-partner-look-after-all-of-the-details","status":"publish","type":"page","link":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/royal-trust\/story\/the-value-of-having-a-partner-look-after-all-of-the-details","title":{"rendered":"The value of having a partner look after all of the details"},"content":{"rendered":"\n<div class=\"wp-block-rbcwm-hero-block rbc-hero-wm  rbc-hero-overlap rbc-hero-overlap-mobile rbc-hero-68nyd25ml hide-mobile-energy-lines\"><style>\n\t\t.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient::before {\n\t\t\tbackground: linear-gradient(90deg, #023169 20%, rgba(94, 120, 131, 0) 60%);\n\t\t}\n\n\t\t.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient.rbc-hero-has-image-bleed::before {\n\t\t\tbackground: linear-gradient(90deg, #023169 20%, rgba(94, 120, 131, 0) 60%);\n\t\t}\n\n\t\t.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient.rbc-hero-has-image-bottom::before {\n\t\t\tbackground: linear-gradient(180deg, #023169 20%, rgba(94, 120, 131, 0) 60%);\n\t\t}\n\n\t\t.rbc-hero-68nyd25ml .rbc-hero-energy-lines.rbc-hero-energy-lines-left {\n\t\t\ttransform: scaleX(-1);\n\t\t}\n\n\t\t@media (max-width: 991px) {\n\t\t\t.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient::before,\n\t\t\t.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient.rbc-hero-has-image-bottom::before,\n\t\t\t.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient.rbc-hero-has-image-bleed::before {\n\t\t\t\tbackground: none;\n\t\t\t}\n\n\t\t\t.rbc-hero-68nyd25ml.rbc-hero-has-image-full.hide-mobile-energy-lines .rbc-hero-energy-lines {\n\t\t\t\tdisplay: none;\n\t\t\t}\n\n\t\t\t.wp-block-rbcwm-hero-block.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient .rbc-hero-img-wrap::after {\n\t\t\t\tbackground: linear-gradient( 0deg, #023169 0%, rgba(94, 120, 131, 0) 25% );\n\t\t\t}\n\t\t\t\n\t\t\t.wp-block-rbcwm-hero-block.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient.rbc-hero-has-image-bottom .rbc-hero-img-wrap::before,\n            .wp-block-rbcwm-hero-block.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient.rbc-hero-has-image-bottom .container .rbc-hero-img-wrap::before {\n\t\t\t\tbackground: linear-gradient( 180deg, #023169 0%, rgba( 94, 120, 131, 0 ) 25% );\n\t\t\t}\n\t\t\t\n\t\t\t.wp-block-rbcwm-hero-block.rbc-hero-68nyd25ml.is-style-rbc-hero-gradient .rbc-hero-card {\n\t\t\t\tbackground: #023169;\n\t\t\t}\n\t\t}\n\t<\/style><div class=\"container\"><div class=\"row no-gutters\"><div class=\"col-lg-12 rbc-hero-card-content\"><div class=\"rbc-card rbc-hero-card rbc-hero has-content\"><div class=\"rbc-card-wrap\"><div class=\"rbc-card-body\"><div class=\"rbc-hero-body-content\"><h1 class=\"rbc-hero-title\"><span>The value of having a partner look after all of the details<\/span><\/h1><span class=\"rbc-hero-category\"><span>FINANCIAL LITERACY<\/span><\/span><hr class=\"rbc-hero-hr hr-mini bdr-accent\"\/><\/div><\/div><\/div><\/div><\/div><div class=\"rbc-hero-img-wrap col-lg-5 order-2 order-lg-1\"><\/div><\/div><\/div><\/div>\n\n\n\n<section class=\"wp-block-rbcwm-rbc-block rbc-block rbc-block-grey has-block-grey-background-color has-background\"><div class=\"container\"><div class=\"row \"><div class=\"col-lg-12\">\n<div class=\"wp-block-rbcwm-columns container\"><div class=\"row wrap blockId-79724abc-7bef-4c8c-be30-1a82ec01d8b1\">\n<div class=\"wp-block-rbcwm-column col-lg-9\">\n<h2 class=\"wp-block-heading\" id=\"h-read-mike-s-story-and-find-out-how-our-services-helped-him-by-giving-him-more-time-to-spend-with-his-family\">Read Mike\u2019s story and find out how our services helped him by giving him more time to spend with his family.<\/h2>\n\n\n\n<p>Mike is 47 years old and is married with two children. He is a Sales Manager with a manufacturing company and is required to travel frequently. He is also heavily involved in volunteer activities within his community and coaches his son\u2019s hockey team.<\/p>\n\n\n\n<p>Mike\u2019s father John, who is a widower, recently suffered a sudden stroke and no longer has the capacity to make his own financial or personal care decisions. John\u2019s Power of Attorney document for property and personal care appointed Mike as his attorney. In addition to making decisions regarding his father\u2019s medical care, Mike has also had to assume the responsibility of looking after his father\u2019s financial affairs.<\/p>\n\n\n\n<p>Mike struggled to keep up with the demands on his time and received late payment notices for unpaid bills pertaining to the family home. In addition, Mike was also advised that he would need to make alternate care arrangements for his father who would no longer be able to live in the family home independently.<\/p>\n\n\n\n<p>Much to Mike\u2019s surprise, his father had been dealing with multiple financial institutions, held share certificates in a safety deposit box and had several un-cashed dividend cheques. Mike realized that he needed some assistance in order to simplify the management of his father\u2019s finances.<\/p>\n\n\n\n<p>A close friend recommended that Mike meet with an RBC&nbsp;Royal Trust Advisor who had helped her when she was going through a similar situation. After meeting with the Advisor, Mike hired RBC&nbsp;Royal Trust to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Prepare a complete inventory of his father\u2019s assets along with a cash flow statement which would be updated annually<\/li>\n\n\n\n<li>Consolidate his father\u2019s assets into one account<\/li>\n\n\n\n<li>Redirect his father\u2019s employment and government pensions for automatic deposit into the account<\/li>\n\n\n\n<li>Redirect all his father\u2019s bills to RBC&nbsp;Royal Trust for payment<\/li>\n\n\n\n<li>Assist with the sale of the family home<\/li>\n\n\n\n<li>Prepare and file his father\u2019s annual tax return including payment of his quarterly tax instalments<\/li>\n\n\n\n<li>Arrange for the management of his father\u2019s investible assets<\/li>\n\n\n\n<li>Provide quarterly accounting statements<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div>\n<\/div><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-rbcwm-rbc-block rbc-block rbc-block-flush-bottom rbc-block-grey has-block-grey-background-color has-background\"><div class=\"container\"><div class=\"row \"><div class=\"col-lg-12\">\n<div class=\"wp-block-rbcwm-rbc-button alignfull rbc-button-block row no-gutters align-items-end b-white blockId-72b0df06-1c40-4561-ac38-270ab0fbe411 blockId-85b97037-2c92-402b-96fd-86a46e24aa78 blockId-343adb99-8de4-4c0b-a978-011685ee6d58 overlap-bottom font-size-2\"><div class=\"rbc-card\"><div class=\"rbc-card-wrap\"><div class=\"rbc-card-body\"><div class=\"row\"><div class=\"col-lg-8\"><h3 class=\"mb-0 rbc-button-block-title\"><span>Let us guide you<\/span><\/h3><hr class=\"hr-mini my-1-half bdr-accent\"\/>\n<p class=\"paragraph-intro\">Contact one of our skilled RBC Royal Trust professionals to find out more about the right services for you.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"col-lg-7\"><a href=\"https:\/\/www.rbcwealthmanagement.com\/en-ca\/royal-trust\/contact\" class=\"rbc-button rbc-button-block-cta rbc-button-large rbc-button-secondary rbc-button-block\" rel=\"noopener\"><div class=\"rbc-icon rbc-button-icon-right\"><i aria-hidden=\"true\" role=\"img\" class=\"rbc-icon-img fal fa-fal fa-angle-right\"><\/i><\/div><span>Request a call<\/span><\/a><\/div><div class=\"rbc-button-block-text-col d-flex col-lg-5\"><div class=\"rbc-button-block-text flex-grow-1\"><div><span><a href=\"tel:18558336511\" class=\"link-underline\" target=\"_blank\" rel=\"noreferrer noopener\">1-855-833-6511<\/a><\/span><\/div><\/div><\/div><\/div>\n<\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":68,"featured_media":8347,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"editor_notices":[],"rbc_url_alias":"royal-trust\/story\/the-value-of-having-a-partner-look-after-all-of-the-details","footnotes":""},"rbcwm_content_owner":[],"class_list":["post-7113","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The value of having a partner look after all of the details - RBC Wealth Management<\/title>\n<meta name=\"description\" content=\"The value of having a partner look after all of the detailsFINANCIAL LITERACY Read Mike\u2019s story and find out 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