Smart Parenting: Teaching Your Teens to Become Responsible Drivers

Teenagers drinking while driving

As parents, it is only advisable to teach your teenagers to be responsible drivers. It’s not enough that they have certain driving skills. What’s more important is to practice basic safety once they’re on the steering wheel.

Teenage Drivers are More Prone to Accidents and Car Crash

According to statistics from the U.S. Department of Transportation, the fatal crash rate for 16-19 years-olds is about three to four times higher than drivers aged 20 and above. Drunk driving, distraction from mobile phones, and reckless driving are just some of the main reasons for these accidents.

So, before handing them the car keys, be sure to discuss the following important reminders:

Zero Tolerance for No Seat Belts

Oblige them to wear their seatbelts at all times. You can win this argument by throwing some figures. Let them know that wearing seatbelts can reduce the risk of any fatal injury by 45%. In addition, the National Highway Traffic Safety Administration (NHTSA) reported that wearing seatbelts has saved around 300,000 lives since 1975.

Emphasize the Bigger Picture

One of the most important things teenage drivers should know is to keep their composure while on the road. They should also have presence of mind in case of emergency. The problem with new drivers is they tend to panic in case something bad happens. Feldman & Lee PS recommends having the phone numbers of an auto accident lawyer in Lynwood.

Encourage Discussion

Start engaging with your teenagers even if they’re just the passengers. Set a good example and give them pointers while you’re driving. You can also ask them some questions or feedback regarding the decisions you’re making during the ride. This will help you gauge their learning process.

Put Everything in Paper

Establishing household rules is now a thing for many families. Give them specifics on penalties for any violation. This will help them correct their mistakes and become more responsible drivers.

While experience is probably the best teacher, it’s always better to give them proper guidance before you let them take the car keys.

The 3 Different Types of Wills

Wills and Estates Lawyer

Many people don’t think about writing a will until they’re old and sick. The truth is anyone who is above 18 years and is of sound mind can make a will. Anyone who is worth something should provide a way to distribute their property after death or incapacitation to avoid conflict.

When writing a will, it’s important to seek the counsel of property solicitors in Townsville. They will help you understand all the legal matters involved. Here are some of the types of wills:

Simple Will

A simple will is the most basic type when all that’s needed is directions to distribute simple assets to beneficiaries. This should include the testator’s name and address, marital status, instructions for the property distribution, and the name of the executor. It must be in writing and signed by both the testator and a few witnesses.

Testamentary Trust

If the beneficiaries are too young or deemed financially irresponsible, the testator can place their estate into a trust. The assets will be distributed to the beneficiaries gradually by the trustee, depending on the terms of the testamentary will. The most common type of testamentary trust is a spendthrift trust, and it must also be written, dated, and signed like a simple will.

Joint Will

Couples who want to leave their property to each other in case one of them dies, use a joint will. If both of them die, the property will go to the couple’s chosen beneficiaries who are clearly stated on the will. A joint will is legally binding and cannot be revoked after the first testator dies.

No matter what type of will you choose, it’s essential to work closely with a property solicitor to ensure that the will is legally binding and valid. You must also select and name a trusted executor who will be in charge of making sure that the terms of the will are followed. Leaving a will ensures your desire for your estate is done and saves your family from a lot of stress.

Are Your Assets at Risk?

Estate Planning Service

Asset protection should be considered even at the earlier stages of your career. Even when you think you don’t have much to protect, anyone with any kind of asset is at risk of losing them.

Create Your Hedge

Asset protection can take different forms and some are more bulletproof than others. Fortunately, you can layer your protections, although doing so can cost you a pretty penny. That said, spending extra for asset protection is still better than losing what you have to litigation.

One of the things you should first consider is how to remove these assets legally from your name while still maintaining control over them. Somebody looking to sue you to gain your assets is likely to be discouraged once they find out you own nothing in your name.

Hold it in Trust

Another way to take these assets out of your name is to set up a trust. You can set up a family trust to protect your home, for instance. The process of doing so varies from state to state. This means that setting up a family trust in South Jordan, for example, should be done with a consultation with the legal counsel from that area. MDF Estate Planning, Inc. further adds that this consultation is important, as there are two types of trusts to choose from:

  • Revocable – It’s where you can take back the assets you put under it.
  • Irrevocable – It’s where you can no longer do take back assets.

Create a Corporation

One final way to protect your assets is to set up a limited liability company or a corporation to hold your real estate. You can, for example, put your home under a corporation. This way, should an accident happen on your property, the litigator will only be able to touch your house while all other assets remain safe from any legal involvement.

The idea of safeguarding your assets may seem like a lot of trouble, but you’ll appreciate it in the end. Think of it as an insurance — you won’t know that you needed it until something untoward happens to you or your assets. With legal protection for your property, you can be sure that what you worked for will not be taken away so easily.

3 Steps Of The Conveyancing Process

a beautiful house

Buying or selling a home is a tedious and lengthy process. It’s not as easy as it seems. When you want to go through the process, there are various legal intricacies you need to understand.

These legal processes involve how property is transferred from one owner to another. If you haven’t familiarized yourself with the process, it’s important to start now. To make it easier to digest, here’s a step-by-step guide on how the whole process goes.

Before The Contract

The conveyancing process starts when you want to purchase or sell a property. You need to contact a conveyancer, either by asking friends for recommendations or canvas conveyancing fees buying companies.

This way, you will be able to find it less troublesome and time-consuming with all the paper works you need to do. For purchasers, you may need to pay a deposit for the agreement to start.

Contract Drafting To Settlement

First, the conveyancing company will draft a Contract of Sale between the purchaser and vendor. It’s the major document that contains the rights and obligations of both parties.

After that, you can now exchange contracts. You can take time to study the contract and prepare for a smooth settlement. In this stage, you may now assess mortgage payments, arrange property payments, and check all the legal documents.

During this time, the conveyancer will now prepare all legal documents and computer for all payments. These include land tax and water rates, among others. So, a settlement day will arrive wherein both parties will negotiate and land a decision.

Post Settlement

The process does not end on the settlement day. There are many things to be done after settlement. The conveyancer will now work to make sure all legal documents are intact, and the property will be transferred to your name.

Buying or selling a property is a tedious and time-consuming task. It’s important to know the whole process and decide on whether you need a conveyancer to work on your behalf.

3 Benefits of Hiring Rent Recovery Professionals

Estate Planning Service

Renting out spaces, properties and homes for residential or commercial purposes can mean big business for you. One of the biggest challenges you will face, however, is when someone decides not to pay rent on time.

For many people, a recalcitrant renter is a great challenge because they can be hesitant to be confrontational. Fortunately, rent recovery teams are available to help you. Here are the biggest benefits of hiring a one.

It is legal.

The first big advantage is that everything is legal and on the level. That is critical to being on the right side of the law should your tenant take things to the next level.

Those in this line of business are well-versed in what they can and cannot do when it comes to executing their line of work. It allows them to bank on what’s allowable within the law and ensure that your interests are well protected, and your needs met.

It is secure.

Among the options on offer for effective rent recovery, hiring a professional team can be highly dependable.

The reason behind this is that they are also trained and highly experienced in a range of situations that they could face in their jobs. This includes protecting the property and your interests should a tenant be particularly difficult.

It is dependable.

Finally, you should also hire a professional team because it really is dependable and has a higher chance of success over your going through the whole thing yourself. After all, these teams pride themselves on high success rates.

You can bank and trust on this success to being able to reclaim what is duly yours. Again, there is also the legality to consider where you want the same kind of protection that they can offer.

Do not be caught without a plan when a tenant does not pay. Hire a professional team to reclaim the payment that is yours.

Benefits of Research When Hiring an Accident Injury Attorney

a man talking to two female doctors

Just like doctors, lawyers have their specialties. You have to do your homework to ensure you are getting the right person for the job. For you to win your legal battle, get an auto accident injury attorney from a Denver firm like the Law Offices of John D. Halepaska.

Get the most suitable person for the job. They know how to navigate the legal system and will get you the best deal. Below are tips that will be helpful to you:

The Lawyer’s Experience and Reputation

Go to a law firm which has experience and reputation of a being a bullfighter when it comes to dealing with insurance companies. Such lawyers ensure prompt and full payment of claims.

Chose a Lawyer Who Specializes In Injury and Accidents

A lawyer who is focused and specializes in injury claims is what you need. They know what your claim is worth and the time it takes for the insurance company to pay you.

Go for a Lawyer You Feel Comfortable With

You know how comfortable you are, with the lawyer from the beginning. Their success rate in most cases is a major motivation. Being uncomfortable with a lawyer can lead to biases which may prevent you from hiring the lawyer.

Evaluate the Other Cases the Lawyer Is Handling

Ignore a lawyer whose hands of full of cases. Such lawyers may not give your case priority. As a result, you could end up losing or worst still the case could drag for months.

Should you find yourself in an injury-causing accident, hiring a lawyer for compensation is inevitable. Concentrate on finding a lawyer who handles accident claims since they are more experienced in this area. You will find many auto accident injury attorneys in Denver and its environs.

Buying a Home in the UK: Making It Simple

man handing out a house key

Buying a home can be stressful mentally and financially. There are hidden costs as well, especially when you consider the deposit, solicitor’s fees, surveyor’s fees, and your conveyancing fees for buying or selling a property. For many, the whole process could seem complex and daunting, especially when many of these sales fall through.

But you can simplify buying property in the UK, especially if you know where to start and you have the right information. Here are some of the ways you can make buying property a simpler process.

Fix your Credit Rating

Your credit rating is not only a number; it reveals how responsible you are in managing your finances. Many lenders, banks and mortgage companies review it when you apply for a loan. If they find your credit rating unreliable, it could prevent them from approving your loan.

Choose a Bank and get Pre-approval

If you have enough to pay the deposit, you need to find a bank or a financing company that will finance your loan. Look for banks that offer low-interest rates and have a reputation for their high appraisal of properties.

Once you have chosen a bank or a lender, apply for pre-approval. At the pre-approval stage, the bank or lender will assess your documents and credit score. Once the mortgage is authorised, the property can then be formally offered and all parties ready to complete the deal.

Work with the Right Estate Agents

In the UK, you need to work with the right people when you intend to buy property. Find a reliable estate agent who can find what you are looking for at the right price. They can help you in the transfer of titles and other paperwork, and they could also make sure that the transaction will be less stressful and not fall through.

Buying property need not be difficult. Improve your credit rating, find the right lenders, work with the right estate agents, and soon the property you have been dreaming of will be yours.