Posts Tagged ‘asset protection’

Buying and owning a home comes with a lot of responsibility, and being prepared is one way to stay ahead and prevent costly mistakes. One question to ask yourself is, “If catastrophe struck, would my family be ready?” Taking simple steps today could save lives and prevent suffering later. Follow these tips to protect your loved ones—whatever tomorrow brings. 1. Set a family strategy. Prevent panic and ... Full story

Most of us don’t know the number of shoes or CDs we own or the dollar value of our furniture and electronic equipment. If a fire, burglary, or natural disaster hits your home, confusion and emotion may make it even more difficult to identify your possessions accurately. Disasters happen, though, so now is a good time to make a thorough assessment of your belongings. How ... Full story

Let’s assume you are the primary income producer or half of a dual-income situation and become a proud owner of a new home, rental property, or real estate. You’ve received a mortgage because the lender felt comfortable with your income level and financial situation. What happens if you become disabled and can’t work, or worse, what if you die? Besides the emotional trauma, a surviving ... Full story