Day: February 23, 2024
Marine Insurance – Exchange Rates Insurance News
Large amounts of international trade and many limits and sums insured for Marine insurance contracts are negotiated in a currency other than Australian Dollars (A$). Fluctuating rates of exchange between currencies are common with most entities exposed to this area implementing forms of hedging or risk management to reduce the likely impact on their business.
3 Types of Legal Trusts
Legal trusts have become one of the most common ways to protect an estate. It can shield and distribute assets according the wishes of the settler (creator of the trust) and ensure the longevity of a business. In a previous article, we mentioned 3 common types of legal trusts. They included the qualified personal residence