Living Wills: What are they and do you need one?

“No one can confidently say that he will still be living tomorrow” (Euripides) We will all die. We have limited control over what will eventually kill us and when, but there is something that we can do now, whilst we are still physically and mentally capable of doing so, to express our wishes as to how we die.  Specifically, we can give instructions now as to what medical treatment we want to be given at the end.  For many people a nightmare scenario is to be kept artificially alive, quite possibly in pain and distress, long after your medical condition becomes hopeless…
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Business Rescue and Suretyships: Creditors at Risk

Consider this scenario.  It’s unfortunately one all too likely to face creditors in these hard times -    One of your corporate customers runs up a substantial debt, finds itself in financial distress, and applies for business rescue, You suspect that somewhere down the line you will have to write off at least part of your claim, Sure enough, a business rescue plan is proposed that will in effect compromise your claim, Nevertheless you are relaxed, because you hold personal suretyships from the directors and they have assets.  They are good for the shortfall if necessary. (more…)
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Property Fraud: Buyers, Bondholders Beware

“Our system of deeds registration is negative: it does not guarantee the title that appears in the deeds register” (extract from first judgment below) Although in practice title deeds as registered in the Deeds Office are accepted as proof positive of property ownership, two important SCA (Supreme Court of Appeal) decisions illustrate a little-known but potentially serious danger here. (more…)
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