You may have heard of a concept in chaos theory called ‘the butterfly effect’. The mathematician and meteorologist Lorenz famously described how a butterfly flapping its wings in Brazil could set off a tornado in Texas. It might also describe how a politician moving his lips in the US (talking about tariffs, say, or job […]
Archives for March 2025
What happens if the specific gift in my Will is gone before I die?
A specific gift is a tangible item – such as a property you own or a particular sum of money – that you choose to give to a particular individual in your Will. It might be that you state in your Will that you want to leave a specific property to your child, for example. […]
Time is money … or is it?
We’ve all heard the expression ‘Time is money.’ It’s meant to warn about the monetary costs of being idle. That is, the opportunity costs of not making money while we’re ‘young and able’, and the risks of spending the money we earn when we’re not ‘hard at work’. Sadly, the ‘time is money’ mantra has […]