{"id":2590,"date":"2023-04-02T19:00:00","date_gmt":"2023-04-03T00:00:00","guid":{"rendered":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/insights\/the-wealthy-barber-on-the-benefits-of-hiring-a-professional-executor\/"},"modified":"2024-08-06T16:25:38","modified_gmt":"2024-08-06T20:25:38","slug":"the-wealthy-barber-on-the-benefits-of-hiring-a-professional-executor","status":"publish","type":"post","link":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/insights\/the-wealthy-barber-on-the-benefits-of-hiring-a-professional-executor","title":{"rendered":"Video: The Wealthy Barber on the benefits of hiring a professional executor"},"content":{"rendered":"\t\t<!-- Start of Brightcove Player -->\n\t\t\t\t\t\t<div style=\"display: block; position: relative; min-width: 0px; max-width: 640px;\">\n\t\t\t\t\t<div style=\"padding-top: 56%; \">\n\t\t\t\t\t\t<video-js\n\t\t\t\t\t\t\t\tid=\"6323734923112\"\n\t\t\t\t\t\t\t\tdata-video-id=\"6323734923112\" data-account=\"3187797751001\"\n\t\t\t\t\t\t\t\tdata-player=\"VBE5DE1mC\"\n\t\t\t\t\t\t\t\tdata-usage=\"cms:WordPress:6.9.4:2.8.8:javascript\"\n\t\t\t\t\t\t\t\tdata-embed=\"default\" class=\"video-js\"\n\t\t\t\t\t\t\t\tdata-application-id=\"\"\n\t\t\t\t\t\t\t\tcontrols   \t\t\t\t\t\t\t\tstyle=\"width: 100%; height: 100%; position: absolute; top: 0; bottom: 0; right: 0; left: 0;\">\n\t\t\t\t\t\t<\/video-js>\n\n\t\t\t\t\t\t<script src=\"https:\/\/players.brightcove.net\/3187797751001\/VBE5DE1mC_default\/index.min.js\"><\/script> \t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<!-- End of Brightcove Player -->\n\t\t\n\n\n<div style=\"height:22px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"is-style-disclaimer\">This video is part of the <em>Estate planning across generations<\/em> video series created in collaboration     between <a href=\"https:\/\/royaltrust.rbcwealthmanagement.com\/en\/\">RBC Wealth Management Royal Trust<\/a> and David Chilton. Chilton is the author of best-selling personal finance     guides <em>The Wealthy Barber<\/em> and <em>The Wealthy Barber Returns<\/em>, and former dragon on<em> CBC\u2019s Dragons\u2019         Den<\/em>. This series features David Chilton\u2019s dad, Bob Chilton, and his daughter, Courtney Chilton. Leave a     legacy, not a burden\u2122 <\/p>\n\n\n\n<p>Estates are becoming more complicated. Acting as a loved one\u2019s executor can be stressful, time-consuming and can harm     family relationships. <\/p>\n\n\n\n<p>\u201cFrom holding companies to foreign real estate to filing multiple tax returns to     tough investment decisions to blended families\u2026 you get the idea. This is complicated stuff. It takes a lot of skill     to navigate those waters. Do you really want a friend or family member doing all of that?\u201d \u2013 David Chilton <\/p>\n\n\n\n<p>A <a href=\"https:\/\/www.rbcwealthmanagement.com\/en-ca\/newsroom\/2022-07-19\/more-than-half-of-younger-canadians-are-including-charitable-giving-in-wills-rbc-royal-trust-survey\">recent         survey<\/a> by RBC Royal Trust     found that 41 percent of Canadians don\u2019t know what a corporate executor is. A corporate executor is a professional     executor\u2014like a trust company\u2014that can be appointed in your Will and will settle your estate. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Professional executors have the knowledge and expertise required to handle complicated estates<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rbcwm_post_date":"","editor_notices":[],"rbc_url_alias":"","rbcwm_featured_desktop_image_position":"","rbcwm_featured_mobile_image_position":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[253,106],"rbcwm_content_owner":[],"rbcwm_need":[],"rbcwm_segment":[],"rbcwm_solution":[99],"rbcwm_topic":[94],"rbcwm_channel":[],"rbcwm_format":[],"class_list":["post-2590","post","type-post","status-publish","format-standard","hentry","category-estate-planning","tag-david-chilton","tag-the-wealthy-barber","rbcwm_solution-trusts","rbcwm_topic-your-wealth"],"acf":{"rbcwm_subtitle":"Professional executors have the knowledge and expertise required to handle complicated estates","rbcwm_post_author":"","rbcwm_custom_breadcrumb_text":"","rbcwm_custom_breadcrumb_link_url":"","rbcwm_disclaimers":{"add_disclosures":"","perspective_disclaimer":"","expandable":"","omit_from_pages":[],"disclaimer_footnote":"RBC Royal Trust and RBC Wealth Management are business segments of the Royal Bank of Canada. Please click the \u201cLegal\u201d 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.\u00a0 \u00ae\/TM Trademark(s) of Royal Bank of Canada. RBC and Royal Trust are registered trademarks of Royal Bank of Canada. Used under license. \u00a9 Royal Bank of Canada 2024. All rights reserved."},"rbcwm_insight_cta_id":[11904],"rbcwm_pagination":{"next_link":"","next_link_text":"","previous_link":"","previous_link_text":""},"rbcwm_video_duration":3,"article_time":"","rbcwm_enable_toc":false,"rbcwm_toc_selector":"h2"},"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>Video: The Wealthy Barber on the benefits of hiring a professional executor<\/title>\n<meta name=\"description\" content=\"Professional executors have the knowledge and expertise required to handle complicated estates\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbcwealthmanagement.com\/en-ca\/insights\/the-wealthy-barber-on-the-benefits-of-hiring-a-professional-executor\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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