Benefit from a versatile wealth management tool
Your financial wellbeing is undoubtedly the result of your hard work and careful investment decisions. Individuals and families use trusts to accomplish a broad range of important wealth management goals.
Trusts help protect assets should you become incapacitated. When it comes to estate settlement, trusts can help avoid the time, expense and publicity of probate. Trust strategies can also help reduce or mitigate potential estate tax exposure.
Trusts can be used to transfer wealth efficiently from one generation to the next. And trusts can be designed to ensure funds in the trust are distributed according to your wishes to the intended heirs and worthy causes you wish to have benefit from your financial success. So trusts can help you create the legacy by which you wish to be remembered.
Creating retirement income
A variety of trust strategies are available to help assets placed into a trust create income to help you fund the retirement you envision.
Your RBC Wealth Management financial advisor can work with your attorney and accountant to establish a trust that is appropriate for your needs.