Protecting Your Assets

By: Victoria Carter

Protecting Your Assets

Tags: #twomoveyou, #twomoveu, #Brighton, #BrightonRealEstate, #northumberlandcounty, #BrightonMLS, #BrightonRealtor, #VictoriaCarter, #KirkRickman, #homeinvestment, #assets, #protectassets

When you have something valuable, you want to make sure that you keep it safe.  By investing in the right types of protection and insuring your real estate property and the things that you hold inside of it, you will have the ability to keep the things that are valuable or have the ability to replace them.  One of the ways that you can ensure protection of your property is by asset protection.  

Asset protection is a plan that is designed to protect your real estate and the things that you own inside of the real estate.  If any type of financial disaster occurs, you will have replacements and ways to ensure that the value of your property isn't lost, even if something unexpected happens.  

If you are just looking into asset protection, you will want to look at possible options through your own investigation or through talking to a lawyer.  An analysis will be taken of the amount of money that you can protect as well as how your valuables are linked to the demographics of the area.  Once the assessments have been made, you will be given an estimate of how much money you can receive in protection as well as the programs that may be best for you.  

The asset protection that will be defined when you have this analysis done will vary according to the state law.  Retirement and disability benefits are usually not considered a part of asset protection.  Personal items may also not be included in asset protection.  Things such as furniture, clothing, jewelry and other personal assets will most likely not be covered.  Some states will allow a certain percentage of these assets to be covered instead of providing full coverage.

If you want to make sure that what you have received the most in case of an accident, then your real estate investment shouldn't just include finding the right loan.  It should also include looking at the assets and finding the best ways to get the most out of them.  By protecting what you own, you will be more likely to keep what you love.  
Putting the Nail In to Find a Good Contractor

You are finally in your dream home.  You have the perfect layout of the house, you have everything you need in the right place, and you even have a sign on your wall saying welcome home.  However, after a few months of moving in, you may have noticed that something wasn't quite right or you wanted to change something.  If you don't know exactly how to do this, why not find a good contractor?

A good contractor will have several qualities that they can use in order to help you with home improvement.  The first is that they will listen to what you need.  Initially, you will want to set up a time to meet with the contractor, then tell them what you are thinking in order to design, improve or change your home.  You should make sure that they understand this and are able to meet your needs.  While any practical contractor will simply give you a bid based on the area you are fixing and what you are fixing, a good contractor will also relate to these needs and see your overall vision.  

The next set of qualities you will want to build on before finding a contractor is in relation to how they relate to outside sources.  Before beginning to find a contractor, you will want to see what their reputation is and find some past work that they have done.  The most important way to get the best quality in things is by finding the references and going by word of mouth.  You will also want to make sure that other outside sources, such as the relative prices from other contractors are met by the standards of the contractor that you are considering for your work.  

Home improvement is always important for those who want to invest in a property properly.  Before you jump into knocking down the walls, make sure that you have the right people to see why you want to change the outlook and are able to meet your expectations.  This will help when you are working towards turning your house into a home.  

Kirk Rickman and Victoria Carter
TwoMoveYou Real Estate Century 21 Brighton
6 Ironwood Cres, Brighton, ON K0K 1H0

 


647-697-7413