1 Trusts: A trust must be set up before you can designate one or more trustee and name the trust beneficiaries. 2  Charity: You can name a charity as either the primary or contingent beneficiary. 3  Key person life insurance: It is a common practice for a business to purchase life insurance on key personnel in the company.
Pros and cons of fracking. There has been much debate recently about the advisability or otherwise of drilling for oil or gas deposits in shale using the technique popularly known as fracking (more properly called hydraulic fracturing).
A hydraulic fracture is formed by pumping fracturing fluid into a wellbore at a rate sufficient to increase pressure at the target depth (determined by the location of the well casing perforations), to exceed that of the fracture gradient (pressure gradient) of the rock.