Sue Torr
For couples choosing life partnership instead of legal marriage, the ability to keep their respective finances totally separate can be considered advantageous, especially where each partner is financially independent. Unlike a community of property marriage, couples choosing to live together
You must ensure that there is no sizeable gap between the last paragraph of your Will and your signature, as this can lead to your Will being declared invalid. A significant gap can provide fraudsters and those will ill-intent opportunity
Getting children to appreciate the value of money is an age-old challenge. That said, one of the surest ways of helping anyone appreciate its value is to allow them to work or do chores in exchange for money. Be sure
Most banks or financial institutions operate Money Market Accounts, which are effectively savings accounts with more favourable interest rates which are advertised upfront. Money Market Accounts are generally low-risk, highly liquid investments which allow account holders to easily, and to
If you do need additional funding for your start-up business, there are a number of ways to achieve this, although start-up capital remains a major challenge for entrepreneurs. While it is possible to approach banks for a start-up business loan
The framework of the Common Reporting Standard is such that an obligation to provide and report account holder information to the various tax administration offices in the participating jurisdictions is placed on financial institutions. This includes a number of steps
If you’re planning to do renovations to your new home, you may need to budget for the services of a draughtsman or architect if your renovations require plans to be drawn up. Other costs to factor in include security upgrades
Before setting up the trust, you will need to consider whether it should take the form of a testamentary or living trust. A living, or inter vivos, trust is set up during your lifetime using a trust deed as the
Common diseases which are a function of aging include cancer, dementia, Alzheimer’s disease, heart and vascular diseases, Parkinson’s disease, hearing loss, cataracts and refractive errors, osteoarthritis, diabetes, and depression – and, sadly, many aged people tend to suffer from several
Full disclosure on your insurance application form is critical to ensure that your claim is not rejected at claims stage. Remember, even a seemingly small non-disclosure which has no relation to one’s disability can result in your claim being rejected
