The Best Way To Secure Your Children’s Inheritance When You’re Gone

What will happen to my children when I die? Who will take care of them? The questions sound ominous, but it is a question every parent asks. Leaving their children helpless and hopeless is every parent’s fear. Every parent, especially the parents of minors should have a will. It is the important thing you should do to make sure that your children are taken cared for the by people you when you die. Making a will can also ensure that your children inherit your estate when the time comes.

You can appoint person to act as both personal and property guardian of your children, or select two different people who will act as a personal guardian to your kids and another person who act as a property guardian or trustee to manage your estate until your children reach adulthood and can manage the estate on their own. There are several ways on how you can leave your property to your young children. A trusted probate lawyer fremantle can help you in setting up your children’s inheritance. Here are the three most common ways of leaving your estate to your young children.

Property Guardianship

With property guardianship you can designate someone who will act as a property guardian. The property guardian is the one who will handle all your finances in behalf of your children who are below 18 years old. The court will appoint the guardianship according to your instruction in the your will. The court will also monitor guardian’s actions closely.  Any of the decision the property guardian makes is subject to court approval. The property guardianship will end when all your children turns 18 years old.  At that time, your kids can use your money and your property in whatever way he/she wants without any restriction.

Custodial Account

A custodial account is an account set up for minor. If you have a full trust to the person you plan to designate as your children’s property manager or trustee custodial account is best way to leave your property to your kids. A custodial account does not require court approval and the court has no control over the custodial account. Your children’s financial trustee will be acknowledged by banks and other financial institution immediately. With that transition of property will be much easier and smoother. However, if you are not 100% sure that trustee you choose will make solid financial decision for the benefit of your children custodial account is not advisable.

Trust Fund

This is the most popular way of leaving inheritance. That is because setting up a trust fund can give you more control over on how your property and money be spent. With a trust fund you can particularly name the amount and age at which distribution are to be made. You can also divide the money which he/she can use at a time and set limit on how the money you left are to be used. With trust fund you can individually tailor the fund to each of your kid’s needs.

You need to name a trustee in your will. The trustee will have to open a trust fund account at a financial institution such a banks or brokerage firms. It is also a responsibility a trustee to file tax returns of the trust funds every year.

 

How you choose to secure your children’s inheritance will is your choice. As a parent, you know which is best for your kids. A probate lawyer fremantle can assists you preparing your will so your children will be protected when something will happen to you.

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Why You Should Include Radon Testing During House Inspection?

Before buying a new home or a property it is important that you have it inspected by a qualified Perth building inspectors to make that the house or the property you are about to buy is in a good condition or worth its asking price and in compliance with the building code requirement in Perth. Basically, a standard building inspection would only cover the inspection on structural, electrical, plumbing, HVAC system and grounds. A standard building inspection does not cover the radon testing.

But why you should include radon testing during property building inspection? Before I answer that question let’s have a quick discussion about radon gas. Radon is a radioactive gas that comes from the breakdown of uranium in rock, soil and water. Radon is invisible, tasteless and odourless that cannot be detected by our sense alone. Radon invades our home and building undetected through the cracks and opening that are in contact with the ground. Prolonged exposure to indoor air that has a high level of radon concentration will increase your risk in developing lung cancer. In US, radon exposure is the second leading cause of lung cancer, next to smoking, resulting approximately 22,000 deaths every year.

Radon is not exclusive in the US. Radon is natural gas that is present all over the world including Australia. That is why whenever you buy a new home or property it is important to include radon testing during home inspection. Radon testing is inexpensive and easily done, the building inspector may charge you extra for this test but it will be all worth it.  If the result of the radon test will reveal that there is an unacceptable level of radon (over 4 pCi/L) found the property, it would be a good idea to ask the agent/seller who will shoulder the expenses for radon mitigation.

Radon mitigation is the system or steps made to reduce the level of radon in an indoor air. Radon mitigation requires technical knowledge and skills, and can only be done a certified radon measurement and mitigation services. It could be costly depending on the size and design of the building as well as the soil composition. Of course, you can use this argument to ask for lower the price if you will be one who will shoulder the cost of radon mitigation process.

On the question why you should include radon testing during house inspection? You should include the radon testing during house inspection to safeguard yourself and loved ones from getting lung cancer due to radon gas exposure.

Tips Finding a Reliable Locksmith in Madurah

Locksmithing is one of the oldest jobs in the world along with carpentry and blacksmithing. Locksmiths often have a good standing in the community and regarded with respect. As the world progress, the need for a reliable locksmith does not decline. Once in a while, even in our digital age, we have the undeniable need of a locksmith. However, from time to time, the reputations of locksmiths become tainted due to some dishonest locksmiths who scam their customer. Like any other profession, there are good and there are bad locksmiths. Just like they say, not all locksmiths are created equal. So, in this article I will some practical tips on how to find a reliable locksmith in Mandurah area.

Hire local locksmith. Hiring the services of a local locksmith will save you from the stress of looking for locksmith using call center. You can easily find out the reputation of a local locksmith by asking around and in any case that you are not satisfied with their job it would you simple went to their office and complain. Local locksmith also tends to respond faster to emergency than those who are not. Generally, local locksmiths have an office near you where you can easily visit when future security needs arise.

Look for locksmith with more experience. Locksmiths who have been in the business for many years have a reputation to take care to and would think twice before running a scam on a customer. Unreliable locksmiths and those who run scams will not stay long in the business. They either fold or change business name. When choosing a locksmith, look for one who have been in the business of locksmithing for least 5 years.

He/She must be licensed and certified. In most states and territories of Australia, a locksmith has to be licensed and certified before he/she can perform the job of a locksmith. Before a locksmith could acquire a license and certification he/she needs to comply with the educational requirement as well as number of hours in training and apprenticeship. Therefore, a certification is evidence that indeed that locksmith possess the necessary skills and knowledge to do the job.

Be observant. Notice the locksmith’s vehicle, does it bears the company logo or name? Notice if he/she asks for your identification before doing his job. A reliable and reputation locksmith will always asks for identification to verify that you are indeed the owner of the house or car. Once the job is finished, ask for an itemized invoice that breaks down the work allegations, service charge, components, and such. Be observant of the itemized invoice a scamming locksmith might overcharge you or include other charges that should be there.

Building Eco-Friendly Granny Flat Without Hurting Your Pocket

We are living in an era we are mostly exposed to the man-made chemicals that are not only harmful to our health but also harmful to Mother Nature. Some of these man-made chemical are extremely harmful, others may be less damaging but all in all those chemicals can be detrimental to ecosystem and health especially to the older ones because of their weakened immune system.

Nowadays, large amount of chemicals are used in building a home even a tiny granny flats requires a great deal of chemicals. For instance, the paint and the finish in your wood furniture contain a lot of VOC’s or the volatile organic compound. These VOCs emits harmful vapour at high temperature.  If you are living in Perth, Australia wherein summer can be really hot, formaldehydes evaporate from the paintworks in your home. That means that when temperature is high you will be breathing formaldehydes and other harmful chemicals, and this could not be good to old people who already health problems.

The common conception is that, an eco-friendly home is expensive. Normally, we equate eco-friendly home to things like solar passive and energy efficiency. I will be lying if I tell you that some of these eco-friendly products are not expensive because they are expensive. But you can get away from expensive and go with the alternatives starting with a good design that is efficient in using natures’ inherent power.

Design is the most crucial thing to consider when you plan to build an eco-friendly granny flat. During the design process make sure that home is orientated correctly because if not you will be using more energy in lighting, cooling and heating. An eco-friendly home is an energy efficient home that uses minimal energy. To do so, energy efficient home uses the natural power from nature to provide the warmth during winter and cool breeze during summer. It also taps the resources from nature for the little electricity it needed to run.

The key in building an eco-friendly and budget-friendly granny flat is in the design. If you are planning to build a granny flat in Perth ask your contractor to design a home that requires minimal energy to run.

Choosing Best Epoxy Coating for Garage Floors

Epoxy coating is one of the top choices when it come garage flooring. Epoxy coating does not only gives the garage floor a pro look but it is also resistant to water stains, oil stains and can be cleaned easily by just wiping like a kitchen counter. You can also play with color and design with the epoxy coating which can hide the ugly imperfection of the concrete floor of your garage. The anti skid additive in epoxy coating can give you the extra grip you need especially during snowy days.

Choosing what type of epoxy coating to use in your best for garage floors and would fit your budget is not an easy task. With numerous epoxy products, commercial contractors and manufacturers to select from, it could be both overwhelming and challenging especially if don’t know what exactly do want and how do you want it. The best way handle this task is to know the different kinds of epoxy products. Know its pros and cons so that you can decide which will fit best in your garage. With this as a guide you may decide if you to buy and apply the epoxy coating by yourself or hire a contractor and use their own product.

Waterborne Epoxy Paint

The Waterborne Epoxy Paint is a water based epoxy that is relatively easy to put on and longer pot life. Among the epoxy types, waterborne epoxy paint is the most favourite among Do-It-Yourself fanatics due to its ease in application. It is as simple to apply as a regular paint maybe that is the reason why it is marketed as epoxy paint. It is also one of the of the cheapest epoxy coating. However, waterborne epoxy paint is also the least durable epoxy coating. It has weak resistance to chemicals and stains is vulnerable to hot tile lift.

High Solids Epoxy

The high solids epoxy is a commercial grade epoxy material. It has a very strong resistance to abrasion, chemical and stains. As the name implies, it has high solids content with the best being 100 percent solids epoxy. The 100 percent solid epoxy much thicker than the water base, actually a one coat of high solids epoxy is much tougher than the double coats of the typical water-based epoxy. It is also excellent color base coat and available in many colors and design.

While being tough and affordable, high solids epoxy coating hard to apply. If you are planning to DIY your garage floor you will have a hard time with it. Its pot life is much shorter than the water-based one, you need to apply the epoxy within 30 to 40 mins after mixing, or else it will solidify.

Clear Epoxy or Polyurethane Top Coats

Clear epoxy or top coats is added to a 100% solid epoxy to improve its thickness and durability. It will also give garage floor that amazing deep gloss and shine. With a topcoat, you have a choice of incorporating paint chips to your base coat to give your garage floor some texture and will increase the durability and thickness at the same time create an anti-slip surface. And of course, with so many color chips available in the market you can play with colors and design according to your aesthetic taste.

Premium Multi-Coat Epoxy System

The Premium Multi-Coat Epoxy System is consists of a primer coat, 100 percent of solid epoxy, acrylic colored paint chips and topcoat of clear epoxy. This is the best among epoxy product but also the most expensive but this floor system can last up to 20 year or more give you the value of your hard-earned dollars.

In choosing epoxy coating for your garage floors you to consider the quality, durability as well as the price of the product.

Benefits of Hiring Licensed Plumber

Due to the sad state of our current economy, we tend to do the necessary cost cutting by buying the cheapest possible product or hire the cheapest possible services available, and sometimes we do the repair on our own just to save a few bucks. When a problem on our plumbing system arises we often look for the cheapest labor to do the job. Since, hiring a licensed plumber is quite expensive we opt to hire the unlicensed plumber to save from repair costs without realizing the danger of hiring of unlicensed plumber.

Hiring a licensed plumber in Bunbury maybe a bit expensive than the “fly-by-night” unlicensed one but the benefits you could have in hiring a licensed plumber is so great that the cost you pay for the licensed plumber is all worth it. Here are the benefits of hiring a licensed plumber.

  1. Licensed plumber carries insurance. This is one of the biggest benefits of hiring a licensed plumber. Without the protection of insurance, you might have to worry for the health and even death claims when some untoward accident happen in your property during the installation or repair your plumbing system. It is important to hire only a plumber that has insurance coverage to protect yourself from paying medical bills and even legal fees when some unfortunate incident happens. Having insurance can also be a guarantee that the work they provide is of the best quality.
  2. Licensed plumber has extensive knowledge in building code. It is important for a plumber to have an in-depth understanding of the governing building code of the state or municipalities. That is because, before a homeowner can get a plumbing permit, the plumbing system of the building must be in compliance with the building code of the state or city or municipality. The license that a plumber is holding is an indicator that he/she is knowledgeable on the existing building code because examination on building code is one of the requirements in getting a plumbing license.
  3. Licensed plumbers have a regulatory board. Licensed plumbers in Bunbury have to report to regulatory board in Bunburry. It means that if you have complaints on certain plumbing contractor you will have avenue there is a regulatory board that will listen and act on your complaints. The regulatory board is also responsible for ensuring that licensed plumber had met the required education, training and skills need.
  4. Excellent workmanship. Since a license plumber has to comply with the requirement set by regulatory board in terms of education, training and skills you can be assured that the plumber doing your plumbing works will deliver excellent workmanship.

It is true that hiring the services of a licensed plumber is more costly than hiring their unlicensed counterpart. However, above all else, we should consider the safety of our homes and love ones first.

The savings you get from hiring an unlicensed plumber will be useless if you have to spend it to undo the mistake they made. To be on the safe side, hire only a trusted licensed plumber in Bunbury to do your plumbing jobs.