I could also add another point: have you sold your most
valuable liquid assets?
Not exact matches
Poor planning could force your heirs to sell
valuable or sentimental items because they don't have the
liquid assets to pay those taxes, said Scroggin.
The
assets your home liability insurance is designed to protect includes everything from your
liquid assets, such as your checking and savings accounts, to your investments and retirement accounts, your
valuable personal property, your home and any other properties such as a vacation home.
Though lenders require proof of employment and income to show you will be able to make your monthly mortgage payments, they also like to see
assets that are held in cash or can easily be converted into cash (
liquid assets) as well as other
valuable items borrowers own (non-
liquid assets).
Take stock of
valuable domain names, telephone numbers, intellectual property, potential inheritances, and other
liquid and non-
liquid assets.