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Tag: planning for the future

What is your legacy?

What is your legacy?

By Leanne Kaufman, President and CEO, RBC Royal Trust Planning for the future is important for everyone. That’s why we’ve partnered with RBC Wealth Management, Royal Trust to help you with your estate planning. Time and time again, we hear of the unfortunate consequences that can stem from lack of inheritance planning. One of our elderly clients, who had amassed a substantial estate, passed away before she was able to update her Will. We discovered that the beneficiaries she originally named died…

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Check in on your charitable giving

Check in on your charitable giving

A New Year (and decade!) has just begun, making it an excellent time to review your finances and your estate plan. While doing so, why not take the opportunity to consider what you can do for your charitable legacy? Individuals across the country give for different reasons. Some give to honour a friend or loved one; others to minimize taxes during their lifetime or at death.  Still others wish to be remembered through their charitable legacy. Caroline, one of our…

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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)

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 decision to create these important documents? To protect…

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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 &…

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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…

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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…

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Getting a dementia diagnosis – where do you start?

Getting a dementia diagnosis – where do you start?

It can start with something simple, like having trouble following your favourite recipe, or putting your car keys in the fridge. Maybe you’ve noticed small changes in your memory that are affecting how you do things day-to-day. If you can’t quite remember things that should be straightforward for you, or if you notice changes in your mood or ability to communicate, make an appointment to see your family doctor right away. Diagnosing dementia is a complex and difficult process. The…

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Power of Attorney: Empowering you to help your loved one

Power of Attorney: Empowering you to help your loved one

Follow us, as Elizabeth Murray tells the moving story of her mother’s battle with dementia. In this blog series, Murray explores every part of the experience of caring for someone with dementia, sharing her memories and insights from it all. Her words serve as a great reminder of the many ways dementia affects our lives, and the lives of our loved ones. Moving my mother into a nursing home was a difficult decision. Executing that decision was even more difficult….

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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?’

Living well…right to the end

Living well…right to the end

May 7 – 13, 2017 is National Hospice Palliative Care Week. Mary Schulz, Director of Education at the Alzheimer Society of Canada discusses some of the misconceptions about palliative care and why it’s important to have conversations about end-of-life.