The Attitude to Adopt

The Attitude to AdoptThe 92-year-old, petite, well-poised and proud lady, who is fully dressed each morning by eight o’clock, with her hair fashionably coifed and makeup perfectly applied, even though she is legally blind, moved to a nursing home today. Her husband of 70 years recently passed away, making the move necessary.

After many hours of waiting patiently in the lobby of the nursing home, she smiled sweetly when told her room was ready. As she maneuvered her walker to the elevator, I provided a visual description of her tiny room, including the eyelet sheets that had been hung on her window. “I love it,” she stated with the enthusiasm of an eight-year-old having just been presented with a new puppy.

“Mrs. Jones, you haven’t seen the room …. just wait.”

“That doesn’t have anything to do with it,” she replied. “Happiness is something you decide on ahead of time. Whether I like my room or not doesn’t depend on how the furniture is arranged, it’s how I arrange my mind. I already decided to love it. It’s a decision I make every morning when I wake up. I have a choice; I can spend the day in bed recounting the difficulty I have with the parts of my body that no longer work, or get out of bed and be thankful for the ones that do. Each day is a gift, and as long as my eyes open I’ll focus on the new day and all the happy memories I’ve stored away, just for this time in my life.”

She went on to explain, “Old age is like a bank account, you withdraw from what you’ve put in. So, my advice to you would be to deposit a lot of happiness in the bank account of memories Thank you for your part in filling my Memory bank. I am still depositing.”

And with a smile, she said: “Remember the five simple rules to be happy:
1. Free your heart from hatred,
2. Free your mind from worries,
3. Live simply,
4. Give more,
5. Expect less.”

Why you should register your assets on the PPSR

A decision by US company, APR Energy, not to register four gas turbines leased to Forge Group on the Personal Properties Security Register (PPSR) could potentially cost them $50 million.
Mining services firm Forge Group was placed into receivership in February 2014. At that time they were leasing four gas turbines from APR Energy. Under the laws governing external administrations, all assets not registered under the Personal Properties Security Act (PPSA) can vest with the lessee – in this case, Forge Group.
As reported by The Age, the receivers of Forge Group are taking this matter to the Supreme Court of New South Wales in an attempt to gain control of the turbines from APR Energy. If successful, $50 million worth of assets could be made available to the creditors of Forge Group, in what will be the largest case under the PPSA since its inception in 2012.
Given the relatively insignificant cost of only $16 to register assets under the PPSA (excluding any legal fees if required in the transaction), this oversight could be a major and costly error for APR Energy, and this matter again highlights the importance of correctly registering assets on the PPSR.
If you provide finance, supply, lease, hire or loan assets to third parties, we strongly recommend you obtain appropriate advice and register your ‘security’ interest in the assets to protect your position. Failing to properly register may result in the loss of your assets in the event of insolvency.