‘Beyond McCarthyism’: Outrage follows Star probe of police record checks that reveal meritless allegations

Posted by Ravi Gulati | Posted in News of Interest, Uncategorized | Posted on 28-05-2014

Hundreds of Ontarians lashed out Saturday against the routine disclosure of unproven allegations, mental health incidents and secret surveillance notes in police background checks.Those whose lives and careers have been ruined by having so-called non-conviction records handed to prospective employers were outraged, as well as lawyers who see such cases every day, and volunteer organizations that wrestle with the implications.Together, they formed a consensus that legislative reform is needed.

‘Beyond McCarthyism’: Outrage follows Star probe of police record checks that reveal meritless allegations | Toronto Star.

Follow up on a Change of Beneficiary Designation Important -Repsource

Posted by Ravi Gulati | Posted in Financial Planning | Posted on 01-05-2014

Follow up on a Change of Beneficiary Designation Important

The court concluded that Al signed the beneficiary change form in the presence of the broker, that the original copy of the form was sent to the insurer’s agent but had been lost or destroyed in the process. The court said that while Al Cure did not make the necessary changes to the form requested by TransAmerica, this did not affect the validity of the change of beneficiary information.  The court concluded that the change of beneficiary form signed by Al Cure met the requirements of the Insurance Act and it was a valid and binding document.

The lesson from this case is that Al’s failure to follow up on the request by the insurer left the door open for Helen to make an argument that Al did not intend to make the beneficiary designation change.  The facts of the case remind us that when something remains outstanding a follow up with the client should occur in an effort to prevent arguments of this nature.

via Repsource – New & noteworthy.http://tinyurl.com/lpy2sno

Should You Ever Co-Sign a Home Loan?

Posted by Ravi Gulati | Posted in Financial Planning | Posted on 01-05-2014

Co-signing a loan is serious business with great repercussions if the borrower defaults on the loan. Make sure you understand what you are getting into before you co-sign.

Should You Ever Co-Sign a Home Loan?.

PERILS OF CO-SIGNING OR GUARANTEEING A LOAN

Posted by Ravi Gulati | Posted in Financial Planning | Posted on 01-05-2014

co-signing a debt agreement or providing a loan guarantee can be a great option to help someone in financial need as long as you can afford and understand the risks involved. If you do not feel comfortable with the consequences but still like to help, it may be a better option to offer some upfront monetary help for example – provide or contribute towards down payment instead of tying your feet with same debt chain.

PERILS OF CO-SIGNING OR GUARANTEEING A LOAN.

http://tinyurl.com/nosmcab