HashOut: 2007/11/13
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Estate Planning in a Pinch

It's hard to think straight when a loved one is seriously ill. Martin Shenkman, an American lawyer and author of 32 books on estate and financial planning offers this checklist:

Draw up papers.
Everyone needs a durable power of attorney and a will. The first one names someone to manage affairs if the person cannot, the second specifies how assets are to be divided among heirs. In addition, a "living will" can tell hospitals what to do regarding possible life support.

Update records.
Locate financial documents, such as tax returns, shares, FD receipts and bank accounts. See if the right co-owners and beneficiaries are properly identified and named.

Discuss private matters.
Jot down lock combinations, passwords, and locations of any hidden valuables.

Limit fights.
Ask the person to tell heirs about his or her wishes. "When heirs hear those wishes, they're more likely to accept them," Shenkman says.
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Living in style with a well furnished home

Who wouldn't want to live in a posh, well furnished mansion? If you live in the US and are looking forward to furnish your home, you would want to consider checking out FurnitureFromHome.com, an exclusively online furniture store who claim that their prices are generally better than the brick and mortar stores. They have been into business since September, 2003.

They have a neat website with stylish design and great pictures of bedroom sets, living room sets, dining room sets, home office furniture and leather furniture. Items worth a look on their website are the pop up tv cart, bar stools, storage beds and the dining room furniture. All of their products come with at least 1 year guarantee.

Once you get your brand new furniture, you might want to know the kind of finish that has been used on your furniture. To find out you will have to do a solvent test. Dip cotton in some nail polish remover or acetone and rub over an area that is not easily visible. If the finish softens then the finish is nitrocellulose lacquer, which is the most popular finish in the furniture industry. If the finish softens with alcohol then the finish is shellac. If it does not soften with either acetone or alcohol then the finish is varnish, polyurethane, catalyzed lacquer etc. that cannot be dissolved by its original solvent.
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