Client is acting as a power or attorney OR your client has a power of attorney acting on their behalf

Estate to provide for children, charities, special need individuals, spouse before or after death

Could complicate executor duties as they are required to keep all beneficiaries up to date with settlement & distribution details

For Every $1 at RBC there is $? Elsewhere

An individual is acting as an executor for family or friend.

Client is over the age of 65 and concerned about Will be challenged due to a blended family situation

Provincial law determines division of assets and amount of estate to a spouse and/or dependent children

2017 Key Trigger for closed AFE in AB&T

Client is a business owner looking to review their buy-sell agreement.

Too busy or does not want to act as a trustee for another 10 years!

Different countries have different tax reporting requirements for beneficiaries. If not done properly executor could be liable.

Act as a attorney to manage the assets of an individual who has become incapable of managing them

Client has no family or is concerned about complexity of their estate

Overwhelmed with the possible investment decisions, concerned about greedy beneficiaries and all of the paperwork and reporting they will now have to deal with for a number of years.

Rental properties, numerous accounts at different financial institutions,tax returns not always filed, property ownership outside of Canada.

Trustee retains decision-making authority

Executor does not live in the same province as the deceased or is a non-resident of Canada

Wants privacy of estate and a desire to reduce probate fees.

Executor/ Trustee is not managing the financial affairs.

We assist individuals who are acting as an executor with their duties to help ease the burdens of time and complexity associated with this responsibility
Executor retains decision-making authority