Scott Pape from the Barefoot Investor has suggested that we all prepare a ‘fearless folder’ in the event of our untimely death, so that our family will know all our expectations and social media details not found in a traditional Will…

The Selths believe their testamentary trust strategy will make it more transparent and equitable for all beneficiaries. “We had a will but it didn’t embrace everything we wanted. We knew where we wanted the money to go but we wanted to be sure the beneficiaries were our kids but that they were protected in the case of divorce.”..

Getting divorced is rarely a happy occasion, but many couples at least manage a civilised one. If you can come to a fair settlement without involving the courts and minimising lawyers, everyone will be better off, both financially and emotionally…