{"id":2593,"date":"2023-04-02T19:00:00","date_gmt":"2023-04-03T00:00:00","guid":{"rendered":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/insights\/does-your-executor-have-financial-skills-why-the-wealthy-barber-thinks-they-should\/"},"modified":"2024-07-22T15:40:13","modified_gmt":"2024-07-22T19:40:13","slug":"does-your-executor-have-financial-skills-why-the-wealthy-barber-thinks-they-should","status":"publish","type":"post","link":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/insights\/does-your-executor-have-financial-skills-why-the-wealthy-barber-thinks-they-should","title":{"rendered":"Video: Does your executor have financial skills? Why the Wealthy Barber thinks they should"},"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=\"6323734221112\"\n\t\t\t\t\t\t\t\tdata-video-id=\"6323734221112\" 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>Being an executor is not easy, and different skill sets are required to complete the many tasks involved. <\/p>\n\n\n\n<p>\u201cYour executor has to have great communication skills, be able to distill complex     financial information and then convey it in an understandable fashion to your beneficiaries.\u201d \u2013 David Chilton <\/p>\n\n\n\n<p>There is help available, but many people don\u2019t know professionals can be appointed instead of a family member or a     friend. 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 more than 54 percent of Canadians don\u2019t know that a     professional executor can be hired to settle an estate. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will and estate planning tips for multiple generations<\/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-2593","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":"Will and estate planning tips for multiple generations","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 2023. All rights reserved."},"rbcwm_insight_cta_id":[11904],"rbcwm_pagination":{"next_link":"","next_link_text":"","previous_link":"","previous_link_text":""},"rbcwm_video_duration":2,"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: Does your executor have financial skills? Why the Wealthy Barber thinks they should<\/title>\n<meta name=\"description\" content=\"Will and estate planning tips for multiple generations\" \/>\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\/does-your-executor-have-financial-skills-why-the-wealthy-barber-thinks-they-should\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Video: Does your executor have financial skills? 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