Some Legal Queries Answered
|Posted on February 23, 2015 at 3:10 PM|
Maintain Control When The Unforeseen Strikes
If you can’t take care of your own financial affairs – who will? A serious accident at any stage of your life, illnesses like strokes or Alzheimer’s disease, or simply old age, can leave you wholly or partially unable to cope. However, you can plan for such unforeseen events now by appointing a person or organisation who can take care of your affairs when you can’t, or don...Read Full Post »
|Posted on February 7, 2015 at 10:10 PM|
An Estate Plan is:
The legal structure and documents to create and order the operation of a scheme to use your assets effectively while alive and a efficient succession to your family, upon your death, and after the death of your spouse. It is designed to ensure the right people own or access the assets for the appropriate periods of time and to protect the family' s rights against creditors and bankrupcy or insolvency and the claims of separated ...Read Full Post »
|Posted on January 23, 2015 at 10:50 AM|
Why make a will?
We all die.When you do so you will in all likelyhood own some assets.These can take a variety of forms from an inheritance not received by you yet to even airpoints on your credit card.
Your will is your opportunity to:
- say who is recive and own your assets after your death.
- there may be someone you wish to exclude as well.
- who could recieve just the income from your assets for the...
|Posted on January 15, 2015 at 5:35 PM|
A Trust can be a very good Will
It is important to know why you have a trust and to maintain this focus on this over the years. Too many trusts are formed without the settlors of those trusts being able to summon up a reason why they have one.
There can be specific reasons such as a charity , education funds or ACC payouts to be protected for infants. A trust is very valuable in the sitauation where disabled ...Read Full Post »