Scenario Alice and Paul received information that they mother was in a coma in their home hospital. Alice had been with their mum when she was sick a few years ago, and during the illness, the mother had communicated to Alice about her philosophy regarding being kept alive when she was in a coma. The…
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According to reports, coronavirus infection comes with minor, flu-like symptoms including fever, cough, muscular pain, fatigue and trouble breathing. As the condition progresses, you might experience severe pneumonia, sepsis, acute respiratory syndrome, and septic shock that cause death. The condition is prevalent in people with an existing chronic condition, though it has also been seen…
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While not the easiest topics for a lawyer to discuss with a client, firearms have been part of estate planning for many years and there is no choice but to handle it.The gun law in the country allows people to own guns of all types. The lawyer has the task to identify the different kinds…
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Coronavirus is here with us, and in the quest to have an estate plan as fast as possible, many people are making many mistakes that ruin the chances of the family to survive when they are gone. Remember that in your rush to have an estate plan in place, you might end up with a…
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Latest info shows that coronavirus has spread to many continents, with Antarctica being the single continent that is hasn’t reported any cases from infections. Out of the 80,000 cases that have been reported, 3,000 have turned out fatal. The spread of this virus has led to widespread financial alarm with stock markets suffering a dip…
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A few months ago, no one outside the medical fraternity had heard or come in contact with coronavirus. Now, the top news on all news stations is the virus and its effects. The epidemic is spreading at a very fast rate, faster than any other previous disease that has been recorded. The condition is feared…
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It is not uncommon for people to own assets in other jurisdictions, including regions or states. This is because many people are wealthy enough to reside in different jurisdictions in their lifetime. Many people also take advantage of business opportunities in these jurisdictions, meaning that they end up setting up their assets in these areas.…
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Albert Einstein may have been a genius but he had his quirks. He was once quoted as saying that “it has become appallingly obvious that our technology has exceeded our humanity.” Considering all the new developments we have at our disposal (such as those adorable food delivery robots and Amazon’s Alexa), this stands to be…
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The definition of children in estate planning is twofold – it can mean those offspring that are below the age of 18, or it can mean any offspring of any age.This chapter looks at minor kids because they are a critical part of any succession plan. Let us look at the intricacies that make up…
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There was a time when trusts were mostly used by affluent people to pass down their wealth without incurring tax obligations. Today, a trust can easily be found in an average person’s estate plan. There are several different trusts that are employed for accomplishing a number of goals and one of the most common is…
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