When making your will and planning your estate it pays to get it right. For most people, the thought of their family not being provided for in the event of their death is uncomfortable to contemplate. The reality is however, that if you fail to properly plan your estate or create a valid will, this can have very serious implications for the way in which your estate is dealt with on your death, including how your loved ones are taken care of.
An executor is the person who is named in a will to administer the estate of a deceased person. It is a primary requirement that an executor act in good faith and in the best interest of the estate at all times. The activities completed by an executor can be broad-ranging and can include:
A restraint of trade is a contractual term added to an employment contract which limits the employee from performing certain activities after they are no longer working for the employer.
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