What Details Go into a Parenting Plan

Family separations are never easy but one thing that can help lay out the ground rules and help keep everyone amiable is by creating a Parenting Plan. This plan is a written document that details what both parents have agreed upon that helps prioritise the best interest of the child or children.

Parenting Plans Can Include, but are not limited to:

• Which parent the children mainly resides with
• How the children’s education, mental or physical health issues are dealt with
• When time is spent with the non-resident parent and extended family
• How communication and information sharing between the parents will be accomplished
• Whether shared care will take place and the details of how that process will work
• How financial support will be provided
• How a parent should introduce new partners into the children’s lives

These plans do not concern any household/financial settlements or division of assets, they are solely based on how issues will be dealt with for any children involve. Parenting plans are a useful tool for ensuring that throughout separation, conflict over the children’s interests are minimised.

Handy Tips When Browsing Personal Loans

It is likely that at a point in everyone’s life, they will need to consider taking out a personal loan. Personal loans are usually used to finance a purchase or for debt consolidation. There are a few common pitfalls that you should try to avoid, so as to not do more harm than good when taking out a loan.

1. Do not take the first loan offered to you. Shop around and try to get the best terms at the most competitive rates. Once you have received an offer that looks really good, it can be helpful to go through it with someone else that can help you see hidden terms or clauses.

2. Do not agree to unachievable repayments! You need to take your time and ensure you can easily pay the amount agreed upon, so as not to put yourself into a bind. The loan is supposed to be helping you, not making things worse.

3. Do not take a loan that is much more than you actually need. The extra, is not ‘free’ money, the larger the loan the more interest you will be paying back.

If you are finding it hard to stick to these tips, you really need to consider if taking out a loan is the right thing for you to do.

Helpful Tips When Considering a Personal Loan

At some point, practically everyone will have the necessity of considering taking out a personal loan. Personal loans are usually used to finance a purchase or for debt consolidation. There are a few common pitfalls that you should try to avoid, so as to not do more harm than good when taking out a loan.

1. Do not take the first loan offered to you. Shop around and try to get the best terms at the most competitive rates. Once you have received an offer that looks really good, it can be helpful to go through it with someone else that can help you see hidden terms or clauses.

2. Do not agree to unachievable repayments! You need to take your time and ensure you can easily pay the amount agreed upon, so as not to put yourself into a bind. The loan is supposed to be helping you, not making things worse.

3. Do not take a loan that is much more than you actually need. The extra is not ‘free’ money, the larger the loan the more interest you will be paying back.

If you are finding it hard to stick to these tips, you really need to consider if taking out a loan is the right thing for you to do.

Why Should You Get a Power of Attorney?

The importance of a Power of Attorney is greater that most people know. No one really wants to consider being in a situation where they cannot make decisions for themselves, but these things do happen on occasion and it is important to have a plan in place. If something were to befall you that caused you to lose your decision-making capacity and you do not have a Power of Attorney, there is no one that automatically has the right to make decisions on your behalf.

This tends to come to a shock to many people as it is usually assumed that a spouse or close family member would automatically be given this right but this is not the case, unless you have given them legal authority through a PoA. In the case there is not PoA, family members can appeal to be granted these powers but the process is long and expensive. It typically costs around £2,000 and requires a court hearing.

How to choose a solicitor to make a will?

Executors are people named in your will who will carry out your wishes after you die. They’ll be family or friends, but you ought to ask them first if they’re willing to require on this role because it involves a great deal of responsibility. An executor also can be a knowledgeable and professional person, like your solicitor. If you employ a solicitor for this service, you’ll need to pay some reasonable fee. Most of the people have two executors, but you’ll potentially have up to four. You ought to opt for a minimum of one or have a second executor just in case your main one is unable to act on your behalf. You’ll prefer to appoint the solicitor or firm who draws up your will as your executor. This suggests they’re going to handle the arrangements for your estate once you die. Always ask how you’ll be charged – some solicitors will take a percentage of your estate to satisfy the bills. Others will charge for his or her time.