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In the “good old” days most information sharing was paper based and thus a relatively straight forward exercise for the experienced executor to reconstruct your affairs following your death.
November 14th signals World Diabetes Day to mark the birthday of Frederick Banting who, along with Charles Best, discovered insulin in 1922, a life-saving and changing treatment for people diagnosed with diabetes.
Approximately 70% of second-generation families squander assets received from an estate transfer and 90% of the family wealth will be lost by the third generation.
Currently, around 382 million people live with diabetes worldwide, a further 316 million with impaired glucose tolerance are at high risk from the disease and by 2035, it is estimated that without concerted action to prevent diabetes, 592 million people will be living with this chronic disease. (International Diabetes Federation 2013 Atlas).
The strongest deterrent against FSP compliance missteps is or should be: