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      Enhanced Reputation ("Like" and "Dislike") Functionality Here on CL   07/24/2017

      With the recent software upgrade, CL now has a slightly enhanced and more descriptive "reputation" functionality. The reputation is what CL members can click in the lower right corner of each posting (forums, blogs, calendar events, etc.) to indicate their "like' or "dislike" of that posting. This functionality, previously known as a member's "reputation", has been enhanced and is now known as a member's "reaction". Instead of having only two choices ("like" or "dislike", represented by a +1 or -1), there now are seven different "reactions" that a member can express, including the simple "Like" and "Dislike". As was the case previously with reputations, Administrators of this website cannot be given reputation/reaction, however Moderators can, just as all regular members can. Here in graphic form is the complete list of options in word and emoji form, along with the associated numeric value: The "Like" and the "Upvote" and the "Downvote" are essentially the same as the prior "like" and "dislike" reputation. Those are similar to what is available on some of the larger social media, such as Facebook. As in the past with reputation, the use of reactions is optional. Reputations (now "reactions") are not favored by everyone. Prior feedback indicates approximately 30% of CL's members prefer that "reputation" [and now "reactions"] be disabled. However, the majority of CL's members prefer having the ability to indicate their "like" or "dislike" of a posting. The new, enhanced functionality means simply that CL members have more granularity as to what they can indicate to the viewers. If anyone would like to see additional "reactions", please contact CL management, and include a short discussion of what you would like to see and perhaps an emoji to suggest that reaction. Two new reactions that have already been suggested are "I agree" and "I disagree", which might be expressed respectively with green check mark (or thumbs up) and red X-mark (or thumbs down) style emoji. The reactions functionality is currently configured to display who expressed that reaction. If there is sufficient feedback, we can hide the member's Display Name, and show only the cumulative reactions.           To provide general feedback or ask for help regarding Chiriqui.Life, please leave a posting in Problems, Feedback and Suggestions or email support@chiriqui.life or private message to @Admin_01.  
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Bonnie

Corporations and Wills

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Bonnie    393

I'm looking for some feedback to clear my thinking before meeting with my lawyer. I want to be sure to ask the right questions.

If I understand the new law relating to corporation shares, there are two important aspects: (1) no more anonymous bearer shares, and (2) corporate shares no longer protect against probate. As the probate issue was the principal one pushing most people toward the corporate structure, what does a corporation accomplish now that a will does not? If I have a will that leaves everything to my heir, why do I need a corporation when the only thing in it is my house? The will would have to go through probate, and so would the corporation.

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Brundageba    319
1 hour ago, Bonnie said:

I'm looking for some feedback to clear my thinking before meeting with my lawyer. I want to be sure to ask the right questions.

If I understand the new law relating to corporation shares, there are two important aspects: (1) no more anonymous bearer shares, and (2) corporate shares no longer protect against probate. As the probate issue was the principal one pushing most people toward the corporate structure, what does a corporation accomplish now that a will does not? If I have a will that leaves everything to my heir, why do I need a corporation when the only thing in it is my house? The will would have to go through probate, and so would the corporation.

Probate is the issue.  Ask your attorney: " What happens if I do not have my home within a foundation?.  If my home goes into Probate...how long can this take?   If my home goes into Probate, what percentage of the value is allotted to my attorney?  "

We opted to place our home (which is in a corporation)  within a Foundation.  It was our choice in order to facilitate sale of property if one of us dies suddenly and the survivor decides to leave Panama.  A Corporation does not negate your holdings going through Probate, a Foundation does.  Attorneys earn a % of the value in the Probate process.  Another eye opener is, Panama recognizes us as single.  Documents of marriage all apostilled to migration is a separate entity apparently. We have undergone a certification of marital status with the country. 

If there is new information out there we would like to know...

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