By appointing Regent Wealth Preservation as executor and/or trustee of your estate, you are helping to ensure that the desires expressed in your Will and trusts are carried out with sensitivity, professionalism and objectivity.

Regent Wealth Preservation may be your best choice for Executor if you have a complex family situation, own complex assets, wish to establish ongoing trusts or wish to ease the burden on loved ones at a difficult time.

Acting as an executor can involve up to 70 tasks, requiring interactions with beneficiaries, the government, company pension departments, insurance companies and more. As a result, estate administration can be time-consuming and difficult, particularly during a time of grief.

Our Executor Services include:

• Acting as the executor to carry out a person’s wishes a valuable service for executors who want to delegate all of the following duties to a third party:
• Arranging for a funeral, memorial, cremation or burial as required
• Locating and preparing a detailed inventory of assets
• Handling of complex tax matters that can maximize an estate’s value for beneficiaries
• Tax Preparation for the final tax return and any ongoing estate returns if need be
• Arranging for the principal residence to be emptied and cleaned, locks to be changed and liquidating in accordance with the will
• Finding, reviewing and filing claims for life insurance and pension benefits
• Locating missing beneficiaries
• Resolving challenging family issues, fairly and professionally
• Asset sales whether the complex sale of business or the liquidation of the multiple real estate assets our team will work with your professionals or you may choose to work with our professionals to ensure the beneficiaries obtain the maximum value of all assets

Setting up a trust can play an important role in estate planning. It allows you to transfer assets to an individual or charitable organization and maintain control over how the assets are used, whether it’s during your lifetime (inter vivos trust) or through your Will (testamentary trust). The assets are held by a third party, the trustee.

If you’re considering setting up a trust, it can also be an effective way to provide income for yourself and future generations, while reducing taxes, costs and delays when it comes to distributing the assets to your beneficiaries.

Whether you’re establishing a trust for yourself or have been named a trustee, we can help protect the interests and requirements of the trust—through our experience and expertise in all aspects of trust administration.

The experts at Regent Wealth Preservation administer and manage estates and trusts of varying complexity and value in a timely manner and are sensitive to the needs and concerns of family members and other beneficiaries.

Our Trust Services include:

• Establishing and administering inter vivos trusts and testamentary trusts
• Acting as either a sole trustee, co-trustee or successor trustee in the administration of the trust
• A full range of support as Agent for Trustee for individuals who have been named a trustee
• Investment management for assets within a trust
• Impartial and empathetic approach to decisions affecting beneficiaries
• Safekeeping of trust assets
• Continuity of trust management across multiple generations
• Tax preparation, record-keeping and accounting

One of the main purposes of setting up a Power of Attorney is to appoint someone else to take care of your money and property while you’re alive, but physically(not applicable in Quebec) or mentally unable to manage your affairs yourself.

The responsibilities of an attorney² demand a great deal of time, energy and attention to detail, and can be overwhelming for a person caring for a loved one at the same time.

If you are thinking about who you might choose to act on your behalf, or if you have been appointed as an attorney, we can provide the answers, support and guidance you need.

A thoughtful estate plan will include a plan for potential future incapacity. Where appointed as your Executor, Regent Wealth Preservation may also be your best choice as Attorney for Property.

Our Power of Attorney Services include:

• Acting as an attorney to manage the assets of a person who has become incapable
• Giving assistance to individuals who have been named attorney by taking on administrative duties
• Providing access to professional investment management
• Advising on the benefits of naming alternate and co-attorneys to help ensure your wishes are carried out.
• Preparing tax returns and making any necessary payments
• Selling property and organizing household goods and personal effects
• Providing impartial and empathetic support for individuals named attorney
• Safekeeping and consolidating accounts and assets