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The Wealthy Barber’s advice to Bryan and Sarah Baeumler on being named an executor of a Will
Hiring a professional instead of DIY isn’t just for home renos.
This video is part of the Uncomplicated advice for executors video series created in collaboration between RBC Royal Trust and David Chilton, featuring Bryan and Sarah Baeumler of HGTV Canada’s Island of Bryan.Learn more
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1) In Quebec, “liquidator”, in Ontario, “estate trustee with a Will.”
2) Terminology varies by province. “Mandate” in Quebec, “Power of Attorney” in the rest of Canada. In Quebec, “mandatary” is the person being appointed; in the rest of Canada, the appointee is considered the “attorney.”
Do you need a Will?
Having a Will prepared is one of the most important steps you will take in your lifetime. It outlines, who will be in charge of your estate, and where your assets will go after you’re gone.
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Easing the burden of being an executor
Being an executor can be an overwhelming and challenging responsibility. Acting in the best interest of her friend’s estate meant using RBC’s Agent for Executor Services and having professional advice every step of the way.
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Is your Will up to date? The challenges of settling an estate after a sudden loss
When Greg Howson suffered a heart attack at the age of 57, he left his grieving family unprepared for the work that lay ahead.