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).
Benefits of fracking. December 12, 2014, subhasish, Comments Off on Benefits of fracking. Fracking which is also known as hydraulic fracturing, hydrofracking, hydrofacturing or fraccing is a popular and a controversial well stimulation technique that is used for fracturing rocks by a hydraulically pressurized liquid. Amidst nature, certain veins on the rocks and dikes are examples of hydraulic fracturing in its natural form.