Tuesday, November 26, 2019

This is why small plans can be good sometimes

This is why small plans can be good sometimesThis is why small plans can be good sometimesWhat if I gave you a mandate to think small? Like, really tiny. Eensy-weensy. Small, small, small. I know its counterintuitive. I know that big-picture thinking gets all the glory. But grand goals and master plans can cause major frustration. They become reminders of everywhere were not already at.You eat an elephant one bite at a time, so they say. And so too with anything that youre trying to figure out- one step at a time. So, you have to learn how to fall madly in love with small plans and even smaller steps. Because thats how you tap into the most confidently expressed version of yourself.Starting always begins with something small. But somewhere we deemed small not good enough. Because if were not there, then we dont want to be here. And, well, thats a recipe for going nowhere.Everything you eventually do in your life happens because of tiny moments. But for some reason, when it comes to c reating your future, tiny is no longer acceptable.Think about what it takes to go on a dreamy vacation and how you get to the point of experiencing it. You made a chronological and meaningful series of small choices in order to be lying on the beach. You researched a location. You booked a flight. You confirmed accommodations. You checked the weather. You packed a bag. You got yourself to the airport. You boarded a plane. You showed up. This small plans thing . . . you know how to do this. You do this every day in myriad ways you just need to start doing it with the unknown that is your future direction.Building a deep sense of belief in your path and allowing future goals to unfold both require that you show up for yourself every day. You must let your small steps mean something. You must allow day-by-day plans to feel as worthy as the grand ones.Reconnecting with the value of little wins will bring your power back. Do you know how many of the most successful Team USA swimmers trai n for the biggest competition of their lives? They train to reach competency and satisfaction in minor achievements, which in turn gives them mora confidence to go after even more small wins each and every day. These small wins build on each other until the one win that really matters the Olympics.Olympians are using this strategy to confidently create a possible future that holds the biggest accolade of their lives. Why should we be any different in creating our future dreams?You only get there by starting here. Let your choices be good enough. Let the small steps be worthy to you.The deal with small plans, though, is not only that we dont deem them worthy enough, its also that we dont want to sit in our discomfort without the glory. We want the immediate satisfaction that this thing were doing is definitely going to get us where we want to go.Youve got to drop your obsession with recognition like its hot. And trust yourself, that youll get that glory eventually, that youll get to where you want to be. You have to allow today to count. Today is what matters most of all, even if it is nondescript, boring, and mundane.Youve got to commit to the going when the going is boring as f*ck.Tweet Youve got to commit to the going when the going is boring as f*ck. https//ctt.ac/raPnZ+ maxiemccoy YoureNotLostYou just read the third of four excerpts Ill be sharing from my new bookYoure Not Lost.If you want more, like so much moremore words, more worksheets, more actions,Pre OrderOut 8.21.18

Thursday, November 21, 2019

Power of Attorney FAQ - Australia-TAS

Power of Attorney FAQ - Australia-TASPower of Attorney FAQ - Australia-TASGeneral InformationWhat is a Power of Attorney?A Power of Attorney is a document in which one person (the Donor) appoints aleidher person (the Attorney) to act for him or her. There are many reasons why you might want to appoint someone else to look after your financial affairs. For example, if you are going to be out of the country for a lengthy period of time, you might want someone to do your banking while you are gone. If you are approaching old age, you may want to give a Power of Attorney to a person you trust so that he or she can manage your property for you.What are the differences between enduring and ordinary Powers of Attorney?There are two major types of Powers of Attorney ordinary and enduring.An ordinary Power of Attorney is only valid as long as the Donor is capable of acting for him or herself. If the Donor dies or becomes mentally incompetent, the Power of Attorney is invalidated.An Enduring P ower of Attorney remains valid even if the Donor later becomes mentally incompetent. (Note the Donor must be competent at the time the Power of Attorney is made.)In either case, the Power of Attorney becomes invalid when the Donor dies. A Power of Attorney cannot be used to bequeath property upon the death of the Donor.What are the differences between general and specific Powers of Attorney?A general Power of Attorney is one that gives the Attorney the authority to do anything the Donor could do him or herself. A specific Power of Attorney is one that gives the Attorney authority to act for a particular purpose. (For example to buy or sell a particular piece of property.)Will a Power of Attorney mucksmuschenstill be valid after the Donor dies?NO. Generally Speaking, when a person dies, the Executor (also called a Personal Representative) appointed in the persons brde Will and Testament takes control of the deceased persons property and distributes it according to the instructions in the Will. If there is no Will (or if the Will is invalid), each jurisdiction has intestacy legislation that distributes the deceased persons property to his or her relatives according to a set of rules. A court generally appoints an Administrator to oversee this process. Unfortunately, the deceased persons wishes are not taken into account during the process (which can be very lengthy), since they have not been formally expressed in the proper manner.Will a Power of Attorney allow me to appoint someone to make welfare and medical decisions on my behalf?In most of Australia, powers of attorney do not give someone the right to make decisions about your welfare or medical treatment. Usually, a medical power of attorney or anticipatory directive is required to verstndigung im strafverfahren with non-financial matters. The exception to this rule is found in Australian Capital Territory and Queensland. In the Australian Capital Territory you can use your Enduring Power of Attorney to app oint someone to run your everyday affairs (other than property and money) and consent to medical treatment and medical donation while you are incapacitated. In Queensland you can use your Enduring Power of Attorney to appoint someone to make personal and health decisions when your capacity is impaired.The DonorWho is the Donor?The Donor is the person who needs someone else to act for him or her. The Donor must be an adult. The Donor must be capable of making his or her own decisions at the time the Power of Attorney is executed (signed).What is incapacity?A person is incapable of managing property if the person is unable to understand information relevant to making a decision about the management of property, or if the person cannot appreciate the foreseeable consequences of making (or not making) a decision about the management of property.The AttorneyWho is the Attorney?The person appointed by the Donor is called the Attorney. The Attorney is the person who acts for the Donor.Does the Attorney have to be a lawyer?No, there is no need for the Attorney to be a lawyer. (See below for Attorney qualifications.)What qualifications does an Attorney need to have?The Attorney must be a capable adult. The Attorney cannot be an undischarged bankrupt. The Attorney should not be the owner, operator or employee of a nursing home or extended care facility in which the Donor is a resident.What qualities should I look for in an Attorney?Your Attorney must be someone whom you trust completely. In addition, remember that your Attorney will have complete authority to deal with your financial and legal affairs (subject to any limitations or restrictions specified in your Power of Attorney). You should ensure that the person you choose has adequate financial management skills and sufficient time to handle your affairs properly. Your Attorney must be available when required, be able to objectively make decisions and be able to keep accurate financial records.What are the responsib ilities of my Attorney?Your Attorney has the following responsibilities to act in your best interest to keep accurate records of dealings/transaction undertaken on your behalf to act for you with the utmost good faith and to avoid situations where there is a conflict of interest and to keep your property and money separate from their own.Is it okay to appoint a relative as Attorney?Yes, people often appoint relatives as Attorneys.Can my Attorney also be a beneficiary in my will?Yes.What are Joint or Joint Several Attorneys?Sometimes a Donor will want to appoint two Attorneys. In that case the Donor must decide whether the Attorneys will be joint Attorneys or joint and several Attorneys. Joint Attorneys must act together. They must both agree before any action can be taken, and they must both take the same action at the same time. If one is absent, no action can be taken. Joint and several Attorneys can act together or individually. Either one can take an action without consulting t he other. If one is absent, the other can still act.Place and TimeWhat is Jurisdiction?A jurisdiction is a distributionspolitik that has its own laws. It is a territory with boundaries, such as a state or a province. For example, California is a jurisdiction in the United States, Ontario is a jurisdiction in Canada, Scotland is a jurisdiction in the United Kingdom and Queensland is a jurisdiction in Australia.What is the Governing Law?A Power of Attorney is governed by the law of the jurisdiction where the actions of the Attorney will be performed. Normally, this is the place in which the property of the Donor is located. Therefore, it is not a good idea to appoint an Attorney who resides in a different jurisdiction, unless the property or assets you want the Attorney to deal with are also in the different jurisdiction. If you anticipate that your Attorney will be acting in more than one jurisdiction, you should probably make separate Powers of Attorney for each jurisdiction.Example s If your bank accounts and other property are located in the jurisdiction where you live, you will want to appoint an Attorney who lives in the same jurisdiction. If you live in one jurisdiction but have a bank account or other property someplace else, and you want an Attorney to deal with that property, you will want to choose the place where the property is located as the governing law, and appoint an Attorney who is located in (or is willing to travel to) the same jurisdiction as the property.When does a Power of Attorney start?A Power of Attorney can start on a date specified in the document, or upon the occurrence of an event (such as disability or incompetence). If there is no specified date or event, a Power of Attorney starts immediately upon execution.NOTE Some jurisdictions do not allow powers of attorney that start on the occurrence of an event.How/when does a Power of Attorney end?An ordinary Power of Attorney ends automatically when the Donor becomes mentally incapacit ated or dies. An Enduring Power of Attorney ends automatically when the Donor dies. As long as you are mentally capable, you may revoke your Power of Attorney at any time by notifying your Attorney (in writing) that the Power is revoked and destroying the original Power of Attorney. Otherwise, a Power of Attorney continues in effect indefinitely, unless the document specifies an end date.Can I revoke my Power of Attorney after I have become incompetent?A person who is incompetent cannot revoke an Enduring Power of Attorney. However, an ordinary Power of Attorney is automatically revoked when the Donor is found to be incompetent.How do I revoke my Power of Attorney?You can revoke, or cancel, a Power of Attorney by giving your Attorney a written notice saying that his or her power has ended. Also, you may make a new Power of Attorney that states your previous Power of Attorney is now revoked (but you must still notify the previous Attorney of the revocation). Third parties (e.g., peop le or organisations that have been dealing with the Attorney) must also be notified. Additionally, if your Power of Attorney is registered you must also register the revocation.Please musiknote that if you fail to inform your attorney of the revocation, your Attorney can legally continue to make decisions on your behalf.PowersShould I put restrictions on my Attorney?When you give a general Power of Attorney, you give your Attorney the authority to do anything you could do yourself, with a few exceptions - such as areas where you possess skills that your attorney doesnt (e.g. if you are a dentist, you cannot authorise your Attorney to practice dentistry on your behalf). But there may be some things you would prefer your Attorney did not do. For example, you may want to require that your Attorney get prior approval from you before signing cheques for large amounts on your account.Should my Attorney be allowed to personally benefit from managing my assets?If the person you are appointi ng as your Attorney is also a member of your family or a beneficiary in your will, you may want that person to be able to personally benefit from managing your assets, since you intend that person to become owner of the assets eventually. Generally, however, it is probably not a good idea to allow your Attorney to personally benefit from managing your assets as this creates a conflict of interest for your Attorney, who is legally obligated to act in your best interest, not his or her own best interest.What can the Attorney do?The Attorney may transact business respecting the Donors property in all areas specified by the Donor.Is the Attorney obligated to do anything?Generally speaking, the Attorney is not obligated to act for the Donor. However, in some circumstances the Attorney may agree, in writing, to accept an obligation to take action when necessary. When the Attorney acts on behalf of the Donor, the Attorney must act in the best interest of the Donor.Does my Attorney have the authority to act while I am still available and able to take care of my own finances?Generally speaking, a Power of Attorney is effective as soon as it is executed (signed and witnessed, etc.) whether or not the Donor is available or able to handle his or her own affairs. However, the document might specify that it will only be effective under certain conditions. For example, some Powers of Attorney specify that they will not come into effect unless and until the Donor has become mentally incompetent to handle his or her own finances. Note Some jurisdictions do not allow Powers of Attorney that commence upon the occurrence of a condition or event such as mental incapacity.Signing DetailsWhat does it mean to execute a document?When a person executes a document, he or she signs it with the proper formalities. For example If there is a legal requirement that the signature on the document be witnessed, the person executes the document by signing it in the presence of the required numbe r of witnesses.How should I sign my Power of Attorney document?To be valid, you must sign the document with your usual cheque signing signature. You should also initial each page of the document. The signing and the initialing of the pages must occur in the presence of your notary or witness(es).After you have signed and initialed your document in front of your notary or witness(es), your notary or witness(es) must sign on the applicable page of the Power of Attorney and should initial each page. This must occur in your presence.Can anybody act as a witness?Your witness(es) cannot be your spouse, partner, child, your Attorney or alternate Attorney, or the spouse of your Attorney or alternate Attorney. Some jurisdictions disallow witnesses that are mentioned in your will, either as beneficiary or executor/executrix. You should generally avoid having witnesses that have any financial relationship with you. The witness(es) must be of legal age in your jurisdiction, they must have capac ity and be mentally capable of managing their property and making their own decisions.Does it matter where the Power of Attorney document is signed and witnessed?If your document will be used in a different jurisdiction - but not in a foreign nation - there is no problem with having the document signed and witnessed where you live, rather than where the document will be used. The witnessing requirements (number of witnesses required, whether or not notarisation is needed) should still be those of the place where the Power of Attorney will be used, however.Can I use my Power of Attorney in a different state/territory?Some territories and states have mutual recognition provisions in their Power of Attorney legislation which provide portability of powers within Australia. Before trying to use a power of attorney created in a different jurisdiction review the legislation of the jurisdiction where you wish to use the power of attorney to ensure that your Power of Attorney will be accepte d.What if my Power of Attorney will be used in a foreign nation?If your document is intended to be used in a foreign nation, you may have to have it authenticated or legalised. This is a process whereby a government official (e.g., the Secretary of State, the Foreign Office, the Office of the Attorney General - depending on where you live) certifies that the signature of the authority (e.g., notary or solicitor) on your document is authentic and should be accepted in the foreign nation. For more information about document authentication and legalisation, contact the local consulate/embassy of the foreign country your document will be going to, or one of the following government web sitesUnited States https//travel.state.gov/content/travel/en/legal-considerations/judicial/authentication-of-documents/office-of-authentications.html/Australia dfat.gov.au/brisbane/index.htmlOther Considerations Do I have to pay my Attorney?Depending on the kind of relationship you have with the person wh o will be acting as your Attorney, you will have to consider whether they should be paid for their services. You can stipulate in your document that your Attorney will not receive any payment except the reimbursement of out-of-pocket expenses, or you can agree to pay your Attorney a specified amount. If you prefer, you can authorise your Attorney to pay him or herself a reasonable amount for acting for you. However, you do not need to pay your Attorney for the power to be effective. Generally, payment is only made when a trust company or other professional person/organisation is acting as your Attorney.Should I have my Attorney prepare financial statements?You can require your Attorney to prepare periodical financial statements and send them to your accountant, lawyer or some other person you choose. This is a good deal of work, however, and most people do not require it of unpaid Attorneys.Note Attorneys should keep records of their actions.What are co-owned assets?If your Attorney is a family member, you may be joint owners of property. It is important to state this in your document, so that third parties dealing with your Attorney understand that the Attorney is entitled to co-own assets with you. Otherwise, the co-owning of assets could give the impression of impropriety.Do I have to record or register my Power of Attorney with the Land Titles Office?Generally speaking, a Power of Attorney has to be registered with a land titles office/department if it could affect real property (land or other real estate). For example, if the Attorney is authorised to mortgage or sell the Donors real estate, or to purchase real estate on behalf of the Donor, the Power of Attorney will probably have to be registered at the appropriate office. Usually there is a fee for registration of the document. Additionally some jurisdictions provide stricter registration requirements. In Tasmania, all Powers of Attorney (whether general or enduring) must be registered with the Recorde r of Titles. In Northern Territory, all Enduring Powers of Attorney must be lodged at he Registrar-Generals Office.Is any stamp duty payable on my Power of Attorney?No stamp duty is payable on a Power of Attorney in Tasmania (Duties Act 2001).

3 New Rules of Work to Advance Your Career

3 New Rules of Work to Advance Your Career3 New Rules of Work to Advance Your CareerThe founders of The Muse have a message for you the world of work has changed dramatically over the past few decades, so you need to learn new rules to navigate it. Fortunately, theyve written a book that just launched in April- The New Rules of Work The Modern Playbook for Navigating Your Career- to show you how.I spoke with Kathryn Minshew, one of The Muses founders, about three main job search strategies that she describes in The New Rules of Work (coauthored by cofounder Alexandra Cavoulacos). Read on to learn how professionals in any industry can improve networking skills, establish a personal brand, and leverage social media to get ahead in this brave new world of work.Here are three new rules of work to advance your career1. Take what you think you know about networking and break it.Minshew emphasized the importance of what she terms nuanced networking for todays job seekers. In many ways, beca use of the ease of access to professional networks via social media, expectations for networking have increased, said Minshew. Its elend just about the conference circuit or large industry events, but about more casual, more frequent, and less formal interactions.She suggested that any way that you can meet new people- and then foster that connection- is a great start to building your network. The new networking is not about instant gratification, or expecting someone you meet to help get you a job by tomorrow, said Minshew. Once youve formed an alliance online- whether through a Twitter interaction, Facebook group, or introductory email- follow through with additional invitations to continue the dialogue, in person when possible and through social media. It takes time to build trust and long-term relationships.2. Know that branding isnt just for products anymore.In addition to changing networking rules, social media has upped the ante for job seekers in terms of positioning themsel ves competitively in the market. Employers want to hire people who have a strong sense of self and can articulate clearly what they bring to the table, explained Minshew. Personal branding is the way not only to stand out with recruiters and hiring managers, but also to establish yourself as an expert in your field. She suggested beginning by determining your brand attributes three or four descriptors that hold the key to your personal brand. Your descriptors should hone in on what is most memorable about you, she said. Once youve identified those attributes, you can spin them into a powerful branding statement to use across all of your job search materials.3. Step up your job search tactics with savvy social media use.Todays job seekers have many more options than just looking at job boards for opportunities. Minshew stressed the importance of being proactive by using online platforms and tools to help you find openings. You may already be effectively using LinkedIn to identify pos sible positions, but the smartest approach is to combine several strategies, she said. In addition to having your existing social networks help you locate jobs, you can also rely on social sites and career platforms (yes, The Muse is one of them) to help you keep tabs on your dream companies. Plus, you can continue job searches online and tap your network for referrals and introductions.As a job seeker, you have more to master than ever to increase your chances of landing the position you want. But with some extra effort and proactive planning, you can master the new rules of work and come out ahead in your career.Start Your Job Search