How to choose an executor: RBC Wealth Management
posted on November 15, 2017
When it comes to choosing an executor, it is important to think with your head instead of you heart. While it is natural to want to give the power to all three of your children, or your spouse, giving these people this power can backfire and lead to considerable upset later on.
It is also important to honestly consider the financial literacy of the person that you choose to be your executor. Make sure that they have their own financial affairs in order and has been proven to be very attentive to details.
Ensuring as well that they are able to objectively carry out your will’s wishes is an important characteristic. Consider as well the location, schedule, age and health of your potential executor.
Click here to learn more about what you should consider when choosing an executor with RBC Wealth Management.
Introducing The Be Safe App
Everyone goes through crisis in their life; its why the expression ‘life happens’ is so popular today. The key to getting through a crisis situation is support and healthy decision making, otherwise, you may prolong the situation. With technology advancing and the impact/importance of social media in everyone's life wouldn’t it be nice if there was an app to help you find supports in times of crisis? You’re in luck. Welcome to the Be Safe App. “Be Safe is a mobile app that aims to help young adults make a decision about seeking help in a crisis”(Be Safe, 2017, Homepage)....