Asset Planning, Inc Blog

The latest from the team.

Insurance Coverage Check Up

Watching the news coverage of Hurricane Dorian this past week as well as the fire in Murrieta, had us sympathizing for the people in their path, what they were going through and how their lives would be affected by these natural disasters. Naturally, this also made us start thinking of our own preparedness for a natural disaster. We recently posted about creating your own emergency kits for your homes. Another thing to think of is what happens to your home and other belongings that were damaged during one of these incidents. It's important to periodically review your insurance policies to make sure that your coverage is sufficient. Our lives are constantly changing, which means you could have recently done a remodel to your home or purchased a brand-new computer. Will your homeowner's insurance cover these new and improved items? One way to make sure is to keep an updated inventory of your personal belongings as well as any documentation for upgrades you have done to your home. Without this documentation your homeowner's insurance may just pay you the basic value of these items and you will not recoup the increased value. One tip I read about, and which seems like the easiest way to inventory your property is to walk around your home with your phone and take a video of each room with its contents. In the video you would show the items of most value and explain what they are. Not only will this prove the items existence, but most phones are hooked up to a cloud-based recovery system. So even if you lose or damage your phone in a disaster the video will be saved to the cloud. Obviously, you would not want to share this video with anyone and should keep it private. No posting to social media sites like FB or Instagram as this could make you a target for break ins. Even if you "know" everyone on your friend lists. We still recommend keeping physical documentation either in a fireproof box, safety deposit box or a flash drive but it never hurts to have more proof. You may also want to look into additional flood and earthquake policies.  Maybe you decided to skip these policies when you first bought your home because they can be pricey, or you went with a higher deductible. Now would be the time to get a check up to see if these supplemental policies are right for you.

Continue reading
  995 Hits

Free Document Back Up

Even though tax season is is behind us you may still be going through important documents or filing them away. We thought now was a good time to let you know that we offer free document back up for our clients. We will take your important documents, scan them, keep them in your electronic client file here and also save them to a password protected flash drive for you to keep. We're always sending out reminders of the importance of having your documents in a safe place and backed up in case of a fire or other emergency and now it's easier than ever to get it done with this free service.

Examples of items you may want to have scanned are; birth certificates, medical records, insurance policies, bank and investment account information, identification cards etc.

Having this USB drive with you while traveling could be especially useful if there is an emergency while you're away from home.

If you would like to take advantage of this offer, feel free to give me a call to set up a time to drop your documents off.

Have a great weekend!



Continue reading
  1277 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
partner /owner National Ice Cream month pets IRS TD Ameritrade phone June 29 insurance policies coronavirus clients Amazon September 30 2020. app tax deadline Financial Planning Magazine company team members Kraig Mathias consumer spending operations manager Medicare Part B emergency folder credit card company credit monitoring service cell phone provider client portal Part D premiums . 23 andme ID card interest September 8 Federal Trade Commission website 2017 IRA contributions Victor Dergunov house sitter prescription eyeglasses disaster areas fun atmosphere Open Enrollment borrowing money Labor Day September 9 Retirement Contribution Limits Medicare Part B premiums 900 number identity theft CFP ® Medicare question estate interest rates market turmoil cell phones Affordable Care Act Orange County Superior Court earthquake app checklists blog post items Medicare driver license paperwork clutter tax deadlines Fox News story information media accounts water … Charles Schwab 2017 TD Ameritrade National LINC Conference retirement years relief efforts April 15 401K tax records Treasury Department chip-enabled EMV cards account numbers Brexit vote emergency kit Medicare plan non-prescripstion sunglasses parking spots CARES Act email notifications Social Security Administration stock pile investment statements cell phone carriers clients show support Economic Security life saver increase earnings fallout Wells Fargo employees https :// check lists opt-out car loans Social Security Coronavirus Aid emergency kits offering insurance phishing sites asset Planning trust April 11 FEMA website family members rescue organizations student loans Auto insurance Healthcare pet pet donation drive estate planning Joey Gonzales phone companies bottom line insurance policy 2017 Equifax breach card reader business hours vision screening Asset Planning February 14 pet supplies Medicare Advantage contribution limit breach people medications gap insurance ice cream July 6 Legal robocalls fees portal Erin Nelsen official certification banking CERTIFIED FINANCIAL PLANNER exam policy debt April 18 2017. wells Fargo fun facts privacy settings home emergency preparedness kits self-help topics home break-ins ice cream event settlement options Wells Fargo customers privacy notices Supplemental Security Income D premiums web address drive /usb hurricane Dorian health care costs Expired medications cell phone SIM swap scam tax returns credit cards home security October 1 2020. COVID -19 virus holidays approach “ skimmer ”. notary services 4 pm -8pm clone counterfeits Flexible Spending Account credit card fraud information Facebook flash drive Two-Step Verification donation counts Roth IRA tax filing deadlines home news coverage credit score memorial Day weekend Ice Cream Social spring cleaning California Lions Friends padlock https ://seekingalpha president Trump tax season credit freeze 2018 IRA contributions assets Kiplinger Letter summer cell phone service provider markets Open House retirement accounts stimulus package July 4 home emergency kit payments 20 year anniversary scams July 3 rd records CA FTB illiegal robocallers Independence Day paper records Shred paperwork Notary Public spam phone 70 1/2. IRA accounts money vacation toilet paper jury duty documents retirement plans Orange County donation items spread executive order VOIP landline phones Puerto Rico Part B health care services DNA test kits cell phone carriers offer estate planning direction identity thieves EEChecklist-Kits.pdf stockpilingchecklist.pdf integral member retirement planning trustee pet industry IRS deadline Mobile Banking Security Tips January 10 text messages home mortgages phishing scams FSA birth certificates July weekend Facebook profile