No one can predict what will happen in the future, but it is always beneficial for you and your family to have measures in place that can assist in every scenario. While often a sensitive subject, it is important to focus on methods which can legitimately preserve your wealth, both if your health declines or once you have passed away. Lasting Power of Attorney Did you know that the Alzheimer’s Society has calculated that one in six people over the age of 80 has dementia, 40,000 under the age of 65 have it and 225,000 people will likely develop dementia this year? Setting up a Lasting Power of Attorney (LPA) is becoming an ever more relevant action to take. An attorney has a duty of care and a legal obligation to act within the law and the scope of the powers granted to them. There are two types of Lasting Power of Attorney – one for a person’s property and financial affairs and one for their health and welfare. The person setting up the LPA, the donor, appoints one or … [Read more...] about Your financial future: Making sure you safeguard your wealth and legacy
Dublin-based IFG said that the exceptional costs included retention payments at its Saunderson House arm, costs associated with the departure of its former CEO, legacy issues in the James Hay division and legal costs relating to the sale of the international business. In a trading update yesterday the company said it would not declare a dividend due to its continued retention of capital and liquidity "to address potential legacy matters". According to analysts at Davy Stockbrokers, the group remains a business in transition, with a revised strategy for both James Hay and Saunderson House to be announced in the second half of this year. "We would expect to reduce our financial year 2018 forecasts to reflect the Saunderson House performance and higher exceptional charges, partly offset by a better performance in James Hay," Davy said. Assets under administration and advice at IFG increased 8pc in the last 12 months to £31.3bn (€35bn). However, the number of new clients at … [Read more...] about Legacy issues blamed for IFG’s share drop
It is difficult to encapsulate a political legacy without sliding into enraged hyperbole or saccharine fawning. With John McCain, it is even harder. That’s because we’re not in Kansas anymore, politically speaking: in the surreal presidential landscape we’ve found ourselves in, it seems almost quaint to refer to McCain as a dinosaur or a right-wing reactionary, or to say that his cruel streak could sometimes be shocking. After all, he called his wife a “c***” on the campaign trail only once (reportedly reacting to being gently teased about his thinning hair); he only joked about the teenage Chelsea Clinton being the “ugly” love child of Hillary Clinton and Janet Reno. It’s not like he said he could grab any woman “by the pussy” because he was famous; it’s not like he dismissed Mexicans as “rapists”. So what’s the problem? The very fact that a sitting US president made such shocking … [Read more...] about Opinion: Why can’t anyone be honest about John McCain’s legacy?
Dan Nowicki Arizona Republic Published 6:55 p.m. UTC Aug 24, 2018 PHOENIX — One word is sure to surface again and again as Sen. John McCain's legacy is detailed and debated in wake of his decision to discontinue medical treatment for a deadly form of brain cancer. The "maverick" label defined the Arizona Republican's rise in national politics and his first presidential campaign in 2000. The description reflected a backstory of heroism and duty during the Vietnam War and fit McCain's efforts to lead bipartisan reforms of the campaign-finance and immigration systems. His central focus on Capitol Hill was national security, a bipartisan concern. And he eagerly sparred with presidents George W. Bush, Barack Obama and Donald Trump. ► Bio: John McCain's American Story: As seen by journalists who know him best► Aug. 24: Sen. John McCain stopping brain cancer treatments, family says► Aug. 13: Trump snubs McCain in defense policy … [Read more...] about As Sen. John McCain discontinues treatment for brain cancer, what will his legacy be?
Each advance Kofi Annan made in his 10 years as UN secretary general owed everything to his personal commitment, determination, and faith in the future, writes Gordon BrownKOFI Annan will be mourned on every continent. Under his leadership of the UN, internationally shared goals for development (the Millennium Development Goals) were agreed for the first time.But there were other important firsts that occurred on Annan’s watch:The Global Fund to Fight Aids, Tuberculosis, and Malaria was created; $100bn (€86.7bn) of African debt was forgiven; aid to the poorest countries rose fast; the Responsibility to Protect principle moved from one man’s aspiration to unanimous endorsement by the UN General Assembly; and the first steps toward the Paris climate agreement were taken.These were just a few of the causes that Annan championed. His achievements confound those who write off the UN as a mere talking shop.I remember attending, at … [Read more...] about Legacy of Kofi Annan, leader of leaders, will live on in his work