Following yet more articles in the press recently concerning a charity, Peter Collins of LFC Risk and Insurance recommends that charities that use celebrity endorsements should consider Death and Disgrace Insurance to protect the charities income in the event of the death of the celebrity or the celebrity suffers a fall from grace. Read more
Where there’s a Will, there’s a problem
In excess of 5,000 wills are read in the UK each week (according to legacy trends from Smee and Ford). Wills, by definition need beneficiaries and executors. Being an executor of a will means that it is your responsibility to carry out the wishes of the deceased in terms of his or her estate. Whilst this could also involve probate, being an executor of even the simplest will can be fraught with financial risk.