Browsed by
Tag: financial planning

Power of attorney: Tips for choosing the right attorney for property (and what to do if you’re appointed)

Power of attorney: Tips for choosing the right attorney for property (and what to do if you’re appointed)

Whether you’re a person with dementia or a caregiver, it’s important for Canadians to include plans for a power of attorney in their future and financial planning.  In today’s guest blog from RBC Wealth Management, Royal Trust, learn more about choosing the right attorney for property, as well as what to do if you are chosen as one. Did you know that who you choose to be your attorney(s) for property and for personal care is just as important as the…

Read More Read More

Why you should have Powers of Attorney

Why you should have Powers of Attorney

As we live our day-to-day lives, we sometimes overlook the planning that we should be doing to help protect ourselves, our wishes, our assets and the people we care for. Though it may not be pleasant to think about, making plans now to ensure you are protected in the event of future incapacity is smart planning and can provide much needed peace of mind. Part of that planning includes creating Powers of Attorney (POA). This article discusses the different types…

Read More Read More

Ensuring your charitable legacy: How to choose the right fiduciary

Ensuring your charitable legacy: How to choose the right fiduciary

When planning your charitable legacy, it’s important to appoint a fiduciary that acts on your financial behalf. But what exactly does a fiduciary do, and why are they important? Today, the Alzheimer Society of Canada and RBC Wealth Management, Estate & Trust Services partner up to give you insights and tips on choosing the right fiduciary for you. Your charitable legacy When it comes to supporting dementia research as well as programs and services for people with dementia and their…

Read More Read More

If you can’t decide, who will decide for you?

If you can’t decide, who will decide for you?

Planning for the future is important for everyone, but it’s especially important if you or someone you care about has dementia. That’s why we’ve partnered with RBC Wealth Management Estate & Trust Services to bring you a series of informative blogs about estate planning. In this blog, Elaine Blades, Senior Manager, Professional Practice Group, RBC Estate & Trust Services, outlines the steps everyone should take to plan for incapacity. By Elaine Blades, Senior Manager, Professional Practice Group, RBC Estate &…

Read More Read More

7 important reasons to make a will right now (and what happens if you die without one)

7 important reasons to make a will right now (and what happens if you die without one)

Planning for the future is important for everyone, but it’s especially important if you or someone you care about has dementia. That’s why we’ve partnered with RBC Wealth Management Estate & Trust Services to bring you a series of informative blogs about estate planning. In this blog, Elaine Blades, Senior Manager, Professional Practice Group, RBC Estate & Trust Services, explains why it’s so important for everyone to have a will, and what you risk by not having one. By Elaine…

Read More Read More

Life with young onset dementia: What you need to know

Life with young onset dementia: What you need to know

What comes to mind when you think of a person with dementia? If you’re like most people, you picture an elderly person in the later stages of the disease. But here’s the thing: dementia doesn’t just happen to older people. While age is still the biggest risk factor, people in their 50s, 40s and even 30s can also develop dementia. We call this young onset dementia and it accounts for about 2-8% of all dementia cases. Right now, 16,000 Canadians…

Read More Read More

How do you want to leave your financial legacy?

How do you want to leave your financial legacy?

Planning for the future is important for everyone, but it’s especially important if you or someone you care about has dementia. That’s why we’ve partnered with RBC Wealth Management Estate & Trust Services to bring you a series of informative blogs about estate planning. In this blog, Leanne Kaufman, Head of RBC Estate & Trust Services, asks ‘What kind of financial legacy do you want to leave behind?’