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
  446 Hits
446 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
  723 Hits
723 Hits

Search Blogs Module

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