{"id":2937,"date":"2022-09-26T19:00:00","date_gmt":"2022-09-27T00:00:00","guid":{"rendered":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/insights\/the-wealthy-barber-and-his-daughter-discuss-why-everyone-needs-a-power-of-attorney\/"},"modified":"2025-08-11T09:39:39","modified_gmt":"2025-08-11T13:39:39","slug":"the-wealthy-barber-and-his-daughter-discuss-why-everyone-needs-a-power-of-attorney","status":"publish","type":"post","link":"https:\/\/www.rbcwealthmanagement.com\/en-ca\/insights\/the-wealthy-barber-and-his-daughter-discuss-why-everyone-needs-a-power-of-attorney","title":{"rendered":"Video: Do you have a power of attorney? The Wealthy Barber and his daughter discuss why everyone needs one"},"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=\"6312778904112\"\n\t\t\t\t\t\t\t\tdata-video-id=\"6312778904112\" 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: 360px; 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:49px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"is-style-disclaimer\">This video is part of the&nbsp;<strong>What you and your family should know about estate planning<\/strong>&nbsp;video series created in collaboration between&nbsp;<a href=\"\/royal-trust\/\">RBC Wealth Management Royal Trust<\/a>&nbsp;and David Chilton, author of best-selling personal finance guides&nbsp;<em>The Wealthy Barber<\/em>&nbsp;and&nbsp;<em>The Wealthy Barber Returns<\/em>, and former dragon on CBC\u2019s Dragons\u2019 Den. This series features David Chilton\u2019s daughter, Courtney Chilton. Leave a legacy, not a burden\u2122.<\/p>\n\n\n\n<p>Only 35 percent of Canadians have appointed a power of attorney for property according to a&nbsp;<a href=\"\/newsroom\/2022-07-19\/more-than-half-of-younger-canadians-are-including-charitable-giving-in-wills-rbc-royal-trust-survey\">recent survey<\/a>&nbsp;by RBC Royal Trust. Preparing a power of attorney for property is an essential part of estate planning in order to ensure your financial affairs are managed should you become unable to do so.<\/p>\n\n\n\n<p>\u201cEveryone should have a power of attorney in place in case they become incapable of managing their own finances.\u201d \u2013&nbsp;<em>David Chilton<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who will manage your finances if you can\u2019t? Powers of attorney are an essential part of your estate plan.<\/p>\n","protected":false},"author":17,"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":[84],"rbcwm_segment":[],"rbcwm_solution":[82],"rbcwm_topic":[109,94],"rbcwm_channel":[],"rbcwm_format":[],"class_list":["post-2937","post","type-post","status-publish","format-standard","hentry","category-estate-planning","tag-david-chilton","tag-the-wealthy-barber","rbcwm_need-protect","rbcwm_solution-wealth-planning","rbcwm_topic-giving","rbcwm_topic-your-wealth"],"acf":{"rbcwm_subtitle":"Who will manage your finances if you can\u2019t? Powers of attorney are an essential part of your estate plan.","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. \u00a9\/\u2122 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 2022. All rights reserved."},"rbcwm_insight_cta_id":[20484],"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: Do you have a power of attorney? The Wealthy Barber and his daughter discuss why everyone needs one<\/title>\n<meta name=\"description\" content=\"Who will manage your finances if you can\u2019t? 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