The start of the New Year always brings new energy and resolutions for the coming year. It is a great time to look at your financial health and to come up with a plan to reach your goals in 2017. Below are some helpful tips:
- Review your net worth. Review your bank accounts, as well as retirement accounts, and investment accounts. This includes reviewing mortgages, and other lines of debt.
- Get your tax documents in order. Tax season is upon us and being prepared is half the battle.
- Pull together your deeds, trusts, wills, and other legal documents.
- Pull all of your insurance documents together. Home insurance, auto insurance, life insurance, health insurance, business insurance, etc. Your insurance policies should match up to your deeds, trusts, etc. Also, your policies should have enough liability to protect your net worth and value of your assets.
Now is an excellent time to schedule appointments with your advisors (financial, legal and insurance). Working together will help you create the right plan and execute it successfully.
RCM&D provides comprehensive risk management and insurance solutions and is ready to help you assess your insurance policies and needs. For more information, contact me at firstname.lastname@example.org or 410.512.4609.
Best wishes for a healthy and happy New Year.