Business Administration - Financial Planning RFC222 Lecture Notes - Lecture 2: Vehicle Identification Number, Estate Planning, Important Records
28 Jan 2017
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Document Summary
2 rfc222 estate planning information for caregivers and survivors. When death occurs: proof of claims must be produced or claims will not be processed. Period of financial hardship may follow until proof is obtained (insufficient number of copies or lack of necessary documents) Proper documents cannot be located until rights establish: permanent loss of funds may occur, heir may experience emotionally painful delays, solutions: several copies or wills. Prepare organized list of important listing in estate documentation preparation stage: such as: property, personal information, finances on one document, list of owe and own, help take care of estate in events of death, illness. Largest asset most people own in their life. Property own or rent and tenant information for rent property. Information: property address, current market value, ownership description and other pertinent data: business. Business interests and property should be listed as well. Include: office equipment (own), real estate and anything else business property with significant value: vehicles.
