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DISASTER IN JAPAN: Why You Need An On Line Safety Deposit Box

With the recent disaster in Japan and our experience in the United States with Hurricane Katrina just a few short years ago, it made me think about what kind of smart money moves you should make around protecting your documents.  If a Tsunami or some natural disaster wiped out your house today, what would you do if you lost all of your important financial papers? Or what might you do if you were in another state or country at the time of this disaster? Maybe it is time to consider having an electronic safety deposit box. An electronic safety deposit box works like a physical one in many ways.  The main purpose is to organize documents that are important in your life into a safe place in case anything happens.  You can store wills, tax returns, deeds, insurance policies, passports, copies of credit cards, pictures of your valuable belongings, and much more. This type of safety deposit box is web ...

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Ten Things To Include In Your Will

Ten Things To Include In Your Will Here is a great article By Barbara Kate Repa, Caring.com Senior Editor that I came across on www.caring.com 1. Name a personal representative or executor. In an individual will, your parent can name a person or institution to act as personal representative, called an executor in some states, who will be responsible for making sure that the will is carried out as written and that the property is divvied up and distributed as directed. It’s also wise to name an alternate in case the first choice is unable or unwilling to act. 2. Name beneficiaries to get specific property. Your parent’s will can specify separate gifts of property — called specific bequests — including cash, personal property, or real estate. Likely beneficiaries for such bequests are children and other relatives, but they may also include friends, business associates, charities, or other organizations. 3. Specify alternate beneficiaries. In fashioning their wills, most people assume ...

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