national-savings
National Savings
Writen by Aaron Schwartz
National savings are material standards of life that include savings of private sector, firms and governments. Such standards comprise also superannuation - the key element of private savings. Private or households savings may be determined as domestic savings divided by household disposable income. National savings are basically dependent on consumption opportunities. Savings may be positive or negative.
Speaking of Australia’s national savings performance we are focusing on the last two decades; this period is the most significant for the world economic processes: the world economy has undergone a revolution reflecting the forces of globalization and technological change. Australia’s savings performance may be shown from different points of view. Thus Fitzgerald in his report published in July 1992 shows that national saving has fallen to 16% of GDP, which is the lowest level this century for Australia. He thinks that Australia has excessive hope on overseas debt, a big lack of investment, jobs and economic growth and will not be able to pay for its aging population’s retirement.
The other author John Quiggin in his Commentary dated of September 02, 2003 argues that both gross and net national savings have been stable for the last decade or so but as for last several years in contrast to showing near-zero GDP growth national accounts released by the Australian Bureau of Statistics include the startling information that Australia now has negative household savings.
Statistics illuminates that over the long period (from the 1960s onward), the private sector has been the main contributor to national savings. But, situation changed since 1960’s and thus during last two decades, the net saving of the household sector relative to GDP has fallen.
In general government sector the picture is not so stable. The contribution of government went from being a net dissaver during the 1980s to a net saver in 1990s-2000: during the early 1990s, government dissaving was progressively reduced and between 1997-98 and 2002-03 the government sector became a net saver again.
In the corporate sector (financial and non-financial corporations) we see substantial variations. Thus during much of the 1990s, the corporate sector has been a net saver. The Government of Australia in its Budget initiative makes broadly based savings rebate through the taxation system. Such savings abatements are available to people who make personal member retirement contributions, and/or who earn net personal profit from other savings and investments.
Since the early 1990s Australia has had an obligatory retirement pension scheme. And as it was mentioned above, private savings have been falling steadily, and are now less than 3% of disposable income. At that the national savings rate has fallen too. In Australia there has been a gross change in savings into pensions and life insurance and away from forms like repayment of home mortgages, but there was no improvement in the total.
Present days some people concerned about country’s savings too little. What is really scaring is the fact that even a successful effort to increase national savings and investment proportions might have little effect on the rate of economic growth, because even such efforts would not alter a basic growth model.
Finally the next question arises: what index of savings is right. Probably it is the level that appears when households are free to distribute their income between present and future consumption motivating it by their personal predilections, in relatively unchanged economic circumstances. During the last two decades economists were deeply concerned about the quite low level of national savings. Government of the country has always hoped on foreign capital in addition to domestic savings and finance it’s economic development. Such policy is based on the experience of the previous governments provided macro-economic settings resulted in effective use of external capital - in simple phrase, roviding a reimbursement capable of servicing their foreign capital commitments.
To improve situation next measures were undertaken: part of household savings increased, because firms and governments have no money of their own: their funds and commitments are owned by individuals. Soon it became clear that changes in one component of savings would bring some extent by changes in others. Efforts to extend one form of household savings by regulation would be possibly followd by reductions in other forms of household savings. Specialists recommend to government to provide its own savings or dissavings (operating surpluses or deficits), and also to bring taxes and welfare policies. Compulsory savings schemes provided in Australia unfortunately do little or nothing to extent aggregate national savings: these schemes are inclened to have negative effects on growth through distortion of savings and investment patterns.
Favourable circumstances for savings has been provided in recent years with lower inflation, deregulation of the financial system, lower profit taxes and the introduction of GST, moves towards a more limited welfare safety net, and an end to public sector dissavings. Critical remarks are addressed to the government’s proposals to extend spending, reduce the necessity for self-sufficiency of health, education and retirement income savings, and reduce its own savings.
As a counclusion it should be said that in this work such problems were illuminated: index of national savings in Australia for the last 20 years; measures undertaken to increase level of savings which is negative now. Effective policy need to be elaborated by Government in tight cooperation with social services and public organizations in order to provide social protectability of population, especially of it’s strata which are the most vulnerable (such as superannuated) in the face of economic cataclisms and crises.
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Aaron is a professional freelance writer at custom essays writing service: custom-essay.net Now he is a technical writer, advertising copywriter, & website copywriter for Custom Essay Writing Service. |
uk-cash-back-deals
UK Cash Back Deals
Writen by Joanne Elizabeth
There seems to be a race going on among the numerous cash back portals for the title of the best cash back website. With more cash back portals likely to join the cash back bandwagon in the near future, the race is only going to get more interesting.
More new players are expected to join because the craze for cash back schemes among public refuses to die. Ever since the cash back schemes were introduced in the early 1990s, they have retained their popularity.
The cause of the popularity is simple: the traditional want of customers to get things at cheap or discounted prices. All of us like to avail discounts on the purchases we make. The cash back schemes, by returning a part of the money we spend on the purchases in the form of discount coupons or hard cash, gratify that desire. They have become popular also because of the flexibility they have started to offer to the customers. For example, a customer has now the chance of selecting the mode of payment of the cash back. Those who don’t want hard cash have the option of availing discount vouchers. The discount vouchers can be used for getting rebates on the next purchase they make.
Most of the portals offering cash back deals nowadays have a multitude of retailers registered with them. This provides the customers with a variety of products. It is really an icing on the cake that some of the deals on particular products may fetch you up to thirty percent of cash back. Most of the cash back portals also have a sign up bonus in store for those who want to join the portal as a member. It is all gains and no losses, therefore, for the customers of these portals.
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webamster |
liquidation-of-banks
Liquidation of Banks
Writen by Ashu Felix Tambong
The management of a bank is a very complex thing. This complexity coupled with the prevailing problem of corruption has resulted today in the collapse of many banks, we think of the Credit Agricole, BIAO,BICIC etc. The issue of bank liquidation has now become topic and needs some elaboration. It is essential to note that from the onset that a bank in Cameroon may be a partnership or company and can in theory be dissolved in any of the ways that companies and partnerships dissolve.
The law regulating banking operations in Cameroon is however more extensive than the law under which it companies are formed and managed. Banks are regulated by a combination of legal regulations and principles derived from regional treaties particularly that of the commission bancaire des etats de l’Afrique central (COBAC). Indeed , it is a commission formed under the COBAC organization that approves the liquidation of a bank.
Liquidation is the winding up of the affaires of a bank for the reason of paying off its creditors in order of their preference and distributing what is left to the shareholders. Article 1 of Ordinance No 3 of 17/4/90 states that the rules of liquidation of banks are different from those of the ordinary laws. The principal distinguishing element between the rules for liquidation of a bank and that of ordinary companies is the fact that the liquidation of a bank cannot be ordered by a court, this is because Article 1 of law No 3 of 27/4/90 specifically prescribes that liquidations must be voluntary
In practice a bank goes into liquidation when its members by a resolution agree that the bank be wound up. The resolution winding up the bank also appoints a liquidator for the bank. Our banking law in Cameroonian terminology uses liquidation synonymously with the winding up and have varied a far reaching consequences.
The most important of these is the insulation of the bank under liquidation from all legal actions by creditors and third parties. By Article 3 of ordinance No 90/005 of19/9/90 all suits and actions pending against a bank in liquidation cease to exist against the bank on the appointment of a liquidator and lie instead against the liquidator. It may be recalled that the banks are destroyed by corrupt officials who give out unsecured loans to friends , family members and political associates.
The relevant laws on liquidation appear to be directed at forestalling actions by creditors to recover from the banks in liquidation. Thus ,Article 59 of Law No 08/335 of 12/05/80 puts a limitation of 4 months from date of liquidation from bringing claims to recover capital investments in a bank. Similarly, Article 3 of the Law of 19//09/90 provides for the delay of law suits against banks in liquidation in very wide forms. This law does not say when such actions may be recommenced; hence it is considered unjust.
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Ashu Felix Tambong |
keeping-away-from-the-joneses-avoiding-the-quotaffluenzaquot-epidemic
Keeping Away from the Joneses: Avoiding the "Affluenza" Epidemic
Writen by Joseph Kenny
So you’re out mowing your lawn one day. You happen to glance up from your beat-up old mower across the street, where your neighbor is pulling into his driveway in a brand new luxury sedan while a team of hired gardeners carefully manicure his lush green yard. You don’t get it. His house is the same size as yours and you know the jobs that he and his wife have aren’t anything special. How does he have so many more toys than you? How can he afford them?
Well, rest easy my hard-working friend; if he’s like many Americans, he can’t. He’s just another victim of our country’s endless pursuit for bigger and better material possessions, regardless of if we can afford them or not. Sure a brief moment of jealousy might come over you for a moment or two, but it’ll pass. Resist that urge to “keep up with the Joneses”; you’ll be happy you did.
Why we do it
Americans are nothing if not great spenders. Status-symbolism runs rampant in our country, and today’s advertising would have you believe that everything is within your financial reach. With loans and credit cards available in a moment’s notice, we believe it too. But spending carelessly without real cash resources to back up the habit is putting us in bigger and bigger financial holes. So why do we do it?
Studies on the “affluenza” epidemic reveal several reasons why Americans spend the way they do. First, we work hard. The average American spends hours commuting to an unsatisfying job. Spending is a way to release the stress of the everyday grind while justifying why we slave away for 40-plus hours a week.
Also, television has made us believe that high-end items like BMWs and Tag Heuer wristwatches are to be had by everyday working stiffs, not just the super-rich elite.
These are both valid reasons, but what really drives our ultra-spending is our own insecurities and jealousies. Though it’s a fact that everybody struggles from time to time, we all want to project the image that we’re set financially and can afford the luxuries of life. This approach is just the beginning of a vicious cycle.
We all want to compare ourselves to our peers and own material goods that are on par or better than anything they have. We never stop to think about the poor or the homeless we see on the streets and stop to count our financial blessings. The endless quest for bigger and better toys makes us lose sight of what’s really important in life. In the meantime, we bury ourselves in massive amounts of debt that we’ll be hard pressed to ever climb out from under.
How to stop it
You can inoculate against affluenza, however. Start simply by setting a few long term goals. Planning on seeing the world after retirement? Then before you buy that RV now, picture yourself in 20 years on that African safari with your spouse. Don’t let purchases now affect future dreams. Sure, it’s not easy to sacrifice instant gratification for something far into the future. But just remember, a little willpower goes a long way.
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Joe Kenny writes for the Card Guide, a UK based credit card site, visit today for a balance transfer credit cards and clear your credit card debt today. |
senior-housing-101
Senior Housing 101
Writen by Mansi Aggarwal
Housing needs has always been of prime importance for entire life span of every individual. This major necessity in life intensifies as one approach the retirement stage. Houses that had been comfortable since last many years at the age of retirement now seem to require some alterations and changes. Physical capabilities of persons change with passing time and this leads to discomfort in performing activities that were earlier very easy. So an elderly person now increasingly needs a house that is more comfortable, safe and secure. Houses pertaining to the individual requirements of people who are to live in the house are more important for intimates who have reached their golden years in life.
Certain modifications and renovation in the house where they had spend most of there youthful time can render the house perfect for seniors who are satisfactorily healthy and can manage most of their personal jobs. These alterations are a blessing for those who do not want to depart from the same premises where they had lived for most of their life. But for seniors who suffer from certain physical disability and need some assistance for their personal daily routine activities continuing in the same house can pose some risks. There are many choices available for elders who want to go for shared living. Assisted living, board and care facilities, senior apartments and many other types of options exist of senior citizens to choose. Every combination of privacy and socializing that would be appropriate uniquely for each individual can be obtained with little effort. While deciding on the house pattern that should be opted one must take into consideration the personal health issues and privacy concerns of every person.
Most of the old age homes provide health facilities and other lodging conveniences to make life easier for people after retirement. At a place where one can find like-minded people most seniors find peace and happiness they wanted. For citizens who do not want to miss their privacy an option of assisted living is always there. An assisted living provides the comforts of having help at hand whenever needed and also allows one to lead an independent life. A qualified staff is readily accessible whenever assistance is desired for cooking bathing or any other chores. It also bestows elders with a feeling of self-confidence that they are able to live all by themselves.
Houses for elders must take care of certain common conveniences. Like the stairs preferably should have a side support and the height of stairs should be very short so that it’s easier for them to climb. The flooring ought to be of some non-slippery material and the doorknobs are supposed to be some easy to grasp handles. It is always recommended to have low height cupboards is the residence build specifically for aged. Low height of cupboards enables them to reach for things easily and saves them from evident dangers arising from the need to climb on any object to reach for some required article. With just a little careful considerations life after retirement can be made safe and happy so that the elders can enjoy their golden days.
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Mansi aggarwal writes about senior housing. Learn more at http://www.typesofseniorhousing.com |
the-rules-for-getting-money-grants
The Rules for Getting Money Grants
Writen by Jerome Ford
Do you have a dream or an idea that needs funding? Are you passionate about starting a business, but you don’t have the money to get your project out of the planning statges?
Thousands of people receive millions of dollars to fund all sorts of things that you, or I, may consider off the wall.
The difference between the ones who get grant money and those who don’t, is that, the ones who get money grant follow some simple rules.
1. Take Action:
A great person once said “you can’t spend a should, you can only spend a did”. I’ve often met people who want grants to magically appear in their email inbox. Money Grant Funding doesn’t work that way. No one is going to know about your awsome idea or passion and decide that it’s worthy of funding unless you ’sell them’ on the idea. Learning the steps, investing your time and resources are the most effetive ways to take action.
2. Find a Mentor:
The best mentors are people who’ve been where you are now. They can help you discover the secrets and shortcuts that will save you time, money and frustration.
3. Be Persistent:
You may be denied grant funding for a number of reasons. In some cases the budget may have been allocated to other candidates. In other cases you may not qualify for the sources of funding offered. The key is to make sure that you keep learning, searching and applying.
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Jerome C. Ford is host and editor of Money Grant Report |
Me and Omega 3
I have never liked fish. In fact, other then Tuna, mixed with mayo and chopped onions, I would say I am afraid of fish. I was once a lifeguard at a lake and every time I had to go in the water, I would move my arms and legs around like I was having a seizure just to keep the little fish in the lake away. I am in fact afraid of all sea life from Trout to Goldfish, so you can imagine my response when my doctor suggested taking fish oil. He gave me a copy of an article about the value of Omega 3 fish oil pills in reducing the risk of heart attacks. I was unimpressed and when evaluating taking the fish pills verses the heart attack, I chose the heart attack.
At my next visit, my doctor asked if I had tried the fish pills and when I wrinkled my nose and shook my head, he produced another article suggesting that there was a link between a reduction in cancer and the fish pills. Still I chose cancer.
He then suggested that flax seed oil was a worthy alternative to the fish pills and would provide me with the same omega 3 fatty acids, that he so desperately thought I needed. I had recently seen my mother munching on some flax seed chips, which pretty much closed the door on the flax seed option.
You can then imagine my joy when I recently read that there was little to suggest that Omega 3 fatty acids reduced the risk of any single type of cancer.
While it was true that the Eskimos of Greenland had a very low occurrence of coronary heart disease (I assume they ate a lot of fish), I was overjoyed to hear that high levels of mercury were discovered in fish. Swordfish, shark and mackerel had particularly large amounts of mercury, however fish sticks did not. Regardless I had found the evidence I needed and in future doctor visits whenever the issue was raised, I would invoke the findings from an ambiguous EPA study that supported my growing concern of getting mercury poisoning. In truth, I still don’t actually know why mercury is bad for you but as sited in the Fishing Regulations Booklet, if I need more information, I can always contact my local health department.
Robyn Segal is a free lance writer and Director of Marketing for a New England Health Care System.
[tags]Health Supplements, Omega 3, fish oil, flax seed[/tags]
summers-interest-rate-mystery
Summer’s Interest Rate Mystery
Writen by Mike Fitzpatrick
The end of the Spring brought an end to the Federal Reverse’s view interest rates need to positioned in a way of stimulating the economy. For most of the past few years interest rates consistently moved downward as the Federal Reserve launched an ambitious plan to prevent deflation and bring a reversal to a stagnant economy. Low interest rates helped to keep the U.S. economy afloat while the excesses of the 1990’s worked their way off. The United State economic rally last Winter brought a dramatic increase in the level of economic growth, but at the same time an unwelcome spike in inflation fueled primarily by rising commodity prices. Strong economic growth and signs of inflation convinced Alan Greenspan and Co., interest rates should be raised to reflect an economy on solid footing.
During the last three FOMC meetings, Alan Greenspan raised interest rates by a quarter point in order to bring short term interest rates to a more neutral level. The rate hikes took short term rates to 175 basis points. Despite higher short term rates, throughout the summer long term rates have unexpectedly move downward. This surprising movement in long term rates contributed to Morgan Stanley missing estimates during their latest quarterly earnings report, and has puzzled many Wall Street analysts. While some analysts may indicate the recent economic slowdown as the reason for this abnormality, a more practical explanation lies in the United States large economic imbalances.
Over the past year the United States has experienced a troubling climb in the trade deficit, with nearly every monthly reading reaching a new record. The most pronounced rise occurred early in the summer and more recent reports have reinforced the notion our trade with foreign nations is growing more unbalanced. Earlier this year economists cited an unbalanced world recovery, with Europe in particular, failing to reach their maximum growth potential for the growing trade deficit but more recently as the world economy slowed down economic imbalances have further expanded.
International banks acting on the behalf of their national governments have been snapping up U.S. government securities since the Asian economic crisis in the late 1990’s to keep their exchange rates artificially low. A strong U.S. dollar, despite economic fundamentals indicating the dollar is overvalued, has allowed Asian nations to stimulate their economy through a trade surplus with the United States. A strong dollar is fueling a drive by U.S. companies to outsource jobs overseas in order to remain competitive. Despite the argument outsourcing helps to lower prices for American consumers, which is true, the flow of American money to foreign nations help explain why this recovery has not led to a boom in employment opportunities.
Each of the past few years the U.S. trade and federal spending situations have consistently deteriorated. The recession and slow recovery combined with increased security needs following 9/11 to put pressure on the Federal Government’s finances. Ever larger U.S. government funding gaps has provided an opportunity for foreign banks to fill their unbalanced trade with our nation by purchasing U.S. government securities. Thus keeping world trade unbalanced and allowing foreign corporations and domestic outsourcers to take advantage of low cost locations in Asia for manufacturing production.
During 2004, the economic recovery picked up some steam and lead to an unexpectedly large increase in federal government receipts. A federal government budget deficit expected to approach $500 billion in 2004 has been revised downward to $375 billion. At the same time goods continue to pour in from Asian nations, especially China. The U.S. current account deficit set a record at $166 billion during the second quarter. Should the current account numbers seen during the second quarter be projected out for a full fiscal year, there is a $225 billion surplus of demand going into purchases of U.S. government securities. This demand is creating downward pressure on long term interest rates.
The last time a significant gap emerged between the U.S. federal funding needs and international trade deficits was in 2000 at the height of the dot com boom. The circumstances are slightly different this time around, but some similarities certainly should emerge over the coming months. In 2000 economic growth was peaking as the Federal Reserve aggressively increased short term rates to rein in the economy. Interest rate spreads at the time were very narrow as a result of investors recognizing inflation was not an ongoing concern despite a robust economy. It would not be unsurprising to see interest rate spreads further narrow as the Federal Reserve continues to push short term rates up. Higher short term rates should continue to be offset with a continuing demand for U.S. securities from foreign banks to keep long term lending rates near the levels they currently are. Though, investors should be complacent about holding U.S. treasury securities should persistently high oil prices push inflation levels beyond comfortable levels.
Forecasting future interest rate moves can always be a tricky guess and the long term implications are much tougher to predict. It is expected that the U.S. government’s finances will improve over the coming decade as the economic expansion gains further strength. The Federal Reserve will undoubtedly continue to gradually push short term rates upward over the course of the next year baring a prolonged weak spot or an unwelcome bout of inflation. The foreign appetite for U.S. dollars to fill international trade gaps should continue to provide stimulus to bond prices.
With foreigners currently holding about 75% of U.S. government debt, over the long term foreign banks will be forced to take more aggressive risks in order to hold down their monetary units or allow their currencies to gain in value against the dollar. There are growing signs of concern for the U.S. large economic unbalances by some Asian governments. U.S. treasury officials, who have been pushing China to revalue the yuan higher, may be pleased if China increases the yuan’s peg against the dollar by 5-10% prior to the end of this year as is being speculated by some. Should the Chinese revaluate their currency, it would not be surprising if other Asian nations follow a similar path.
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Mike Fitzpatrick writes for http://www.financial-watch.com |
how-to-invest-your-money-safely
How To Invest Your Money Safely
Writen by Joseph Kenny
When it comes to making investments, most people know that there is always room for a possible loss. Stock market investments in particular are rather notorious for taking a rather well funded portfolio and emptying it rather quickly. Of course, that does not happen all the time, otherwise no one would do it. If, on the other hand, you do not want to take what many consider to be an unnecessary risk, there are a number of other investments that are reasonably safer, can still bring a good return, and are definitely worthwhile. Here are a couple of them.
A common phrase that is often used these days to refer to the making of your investments safer is having a balanced portfolio. This means that you are not putting all of your eggs into one basket. You know that some markets are a much greater risk than others, such as trading on the stock market, and so you put some of your investment capital into some that are much safer and less likely to be lost. This “balance,” created by placing some of your investment into a variety of potential interest bearing accounts, should result in an overall gain.
Investments Depend On The Person
If you are a young person, then it should mean that you would be willing to take a higher risk (assuming you have some capital that may be lost). The possibility of the highest gains, unfortunately, also come from the markets with the potential for the highest change. This means that there is a much greater likelihood of a real loss - especially if you do not know what you are doing. By using the services of an experienced trader however, a stockbroker that has been doing it for years, you minimize the possibility of loss. But you should only invest a portion of your finances into the stock market.
If, on the other hand, you are much closer to retirement age, then you do not want to take such a risk with your funds. Instead, you would want to place your soon to be needed funds into a much more stable growth account, where the loss can be minimized and yet still bring a return in interest.
Stable Investing In Trust Funds
If you are looking to stabilize your investments in the stock market with something that is relatively sure, then you need to consider mutual funds. This form of investing places your investment into the hands of investors that basically do the investing for you. They watch the market, manage the funds, and make the changes necessary in order to keep your account growing. After you inform them of what level of risk you are willing to take, then the rest is done for you. They take your funds and spread them over a diverse sort of investments, and it gives you a much more stable package.
The Most Stable Investment - Bonds
Probably the most stable investment you can make is to buy bonds. The safest, of course, are the US Savings Bonds. These are purchased at a set price and guarantee a set interest amount in a specified time period. You cannot get much safer than that - and probably not much is safer than the US Government - investment wise. If you are looking for the highest stability available, then you need to take some of your investment portfolio and add some bonds to it. Bonds are also available from other corporations, cities, etc., but their strength is limited to the financial strength of the company. The longer the time period of your investment - the greater the risk that the company may not be around.
In addition to creating a balanced portfolio, you need either to become very knowledgeable about financial investing, or you need to seek professional counsel. Many people lose a lot of money every year simply because of unnecessary risks. These risks would never have been taken if they had sought counsel from someone who knows much more than they did about the market and investing methods. A truly balanced portfolio will also have an expert to help guide you through the many potential hazards of the investment world.
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Joe Kenny writes for CardGuide.co.uk, offering UK credit card comparison, visit them today for more best buy credit cards. Visit today: www.cardguide.co.uk |
how-to-write-a-will
How to Write a Will?
Writen by John Mussi
Just thinking about how to write a will is enough to put some people off. It does not have to be a morbid experience. It is a necessity and makes for good financial sense.
Start by organizing what you need: outline your objectives, inventory your assets, estimate your outstanding debts and prepare a list of family members and other beneficiaries. Use this information to carefully consider how you want to distribute your assets. Ask yourself lots of questions: Is it important to pass my property to my heirs in the most tax-efficient manner? Do I need to establish a trust to provide for my spouse or other beneficiaries? How much money will my grandchild need for college?
Taking inventory of the assets may be the key to making a will. Assets should be mentioned in your will. Any items not specifically mentioned may be addressed in a catchall clause of your will called a residuary clause, which generally states, “I give the remainder of my estate to …” Without this clause, items not specifically mentioned will be distributed in accordance with law.
Outstanding debts usually will be paid by your estate before your beneficiaries receive their shares. You may want to clear up debts that you know will be a problem, or make specific provisions for payment of those debts in your will.
Remember to be specific and clear when naming beneficiaries. For example, state the person’s full name as well as his or her relationship to you (child, cousin, friend, etc.) so your executor will know exactly who you mean. Clarity will also help to prevent challenges to your will.
Do not forget to get the will witnessed. A witness should not be a beneficiary under the will. Only one copy should be signed.
Once your will is written, store it in a safe place that is accessible to others after your death. If you had a solicitor prepare your will, have him or her retain a copy with a note stating where the original can be found.
The end of your life is something you probably don’t want to dwell on, but thinking about what will happen to your loved ones and your assets and personal possessions is important.
Making sure you’ve done all you can to make their lives easier will give you peace of mind. And once your will is drafted, you won’t have to think about it again unless something significant in your life changes.
You may freely reprint this article provided the author’s biography remains intact:
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John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website. |
