Money judgment Assignment Example | Topics and Well Written Essays - 1000 words

Money judgment - Assignment Example Unless you make a will, your favourite persons may fall in problem when you will be no more in the world because the laws of intestacy suggests that your estate will not automat-you to realize easily what's the result of not making a will. Before making a will you need to be sure of the total sum of the property you have and you would like to distribute. Furthermore, you also have to know the fact among whom persons you can distribute the property by making a will. I think it's better for you to make a reciprocal will so that you and Jennifer can mirror each other in that case when one of you will die the property will go to the survivor and then to your children. There are certain elements what make a will legal. -"You should never attach anything to your Will by way of a paper clip, pin or otherwise or in any way leave any mark on it. Such marks can cause great difficulty when it comes to prove your Will in the probate registry. -You should have an idea about the tax liability on your death as many married people are quite unaware of the potential tax bill they leave to their family on the death of the second partner" (Life Insurance.com.uk., n.d.). In spite of achieving cherished effect it contains mentionable draw back from inheritance tax system, because the liability goes to inheritance tax that's why in the time of next death of the survivor, this tax will go to your join property. It has been decided in the tax year of 2006/2007 inheritance tax is not necessary to pay between the spouse. "Transfer between spouses is generally free of inheritance tax. If an individual simply leaves all their estate to their surviving spouse then the nil-rate band is effectively wasted" (Deloitte, 2007). When (Mr. Hoames) you will die having made no chargeable transfers when your survivors will not be benefited by this nil-rate band. If you leave your enter estate to Mrs Jennifer and she will set 312000 of nil rate band against her inheritance tax estate. However, this tax liability may go to the others (such as your relatives) if the total value of the property exceeds 285,00 (2006-2007). And excess value above the nil rate band up to 312000 (2008-2009) is liable to inheritance tax at 40%. This figure is called "nil rate band" HM revenue and customs: rates and allowances (HMRC (HM Revenue & Customs). (n.d.). "Alternatively, it may be possible to pass on some of the assets on first death but enable your spouse to still have financial security after your death by using your will trust" (Money Minder, 2005). You can use the nil rate band by making an effective will and in this way you can save 114,000 and control your own inheritance tax planning. I hope, you

The podiatrist has a legal obligation and duty of care to ensure that Essay

The podiatrist has a legal obligation and duty of care to ensure that practice protocols adequately protect themselves and service users from the risk of infection. discuss this statement - Essay Example Globally, infection control is a changing area in medicine and medicinal practices. This is given the advancement in technology, the regulatory changes, and even microbial evolution (Simmers 2004, p. 67). This paper will try and examine some of the guidelines that reflect some of the best practices involved in preventing infection and cross-infection, and how these practices may set the target for infection control in podiatry. In order for the podiatric practice and practitioners to ensure safety among all service users and staff, it is vital for all the involved parties to have infection control principles that guide their everyday operations. These include work practices that have been adopted to achieve a specific level of infection control, which apply to the service users and staff. This is regardless of their perceived level of risk. By ensuring that standard precautions are properly conducted, it should be easier to ensure that all infections and their transmission can be prevented. Some of the standard precautions in the podiatric practice involve; proper hygiene practices, correct aseptic techniques, use of appropriate personal protective equipment, apposite protocols of waste disposal, and proper practices for cleaning and maintenance of the podiatric health center (Simmers 2004, p. 73). In any medical practice, hand washing may be the most crucial and important measure of infection reduction or minimization. The washing of hands must be done by the podiatrist and staff before and after the handling of any patient, or any activity that might increase the chances of risk infection. All hand washing amenities must be present in all consultation areas and these may include; hand basins and apt products that may not affect the outcome of the next patient consultation or meet (Kane, Schiefman & Vickers 1992, p. 37). The technique involved in hand washing also matters significantly, which involves; the duration and the quantity and type of