Are you Missing the Hidden Value in Your Personal Properties?
Your total net worth (your estate) is more than just what's in your bank accounts.
Ask any attorney and they'll tell you, when a client leaves their office with a newly created estate plan, they are usually sent home with an assignment to go capture information about their personal property and return it to the attorney to include it in their planning documents. This assignment is rarely completed or is often only partially completed.
Personal properties, like a first edition of "Lord of the Flies," grandma's prized necklace, or the boat you and your dad went fishing in, often carry significant monetary and sentimental value but are frequently overlooked in estate planning.
This brings up a good point - "value" is often more than monetary or market value. Oftentimes physical objects carry a great deal of sentimental value to us and our loved ones.
Covet makes capturing detailed and accurate information about your personal property easier than ever before using Photo Asset Capture. Gathering this information is not longer an arduous task - simply take a photo of something you own and Covet returns an accurate description and value. It oftentimes gives you multiple examples to choose from to be sure the information captured is accurate.
See also these helpful articles:
Why Should I Create a Covet Account?
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Covet does not provide any legal, investment, accounting, financial, and/or tax advice. The Covet site includes access to software and self-help materials, which are not substitutes for the advice of an attorney, financial advisor and/or accountant.