Managing your financial assets and taking stock of your personal property is one of the most important actions you can take in your life. Our total financial value is not only a measure of where we have been, it’s also a waypoint to navigate future life decisions.
Covet is essentially a living record of the fruit of your labors.
If you've lived and worked for any amount of time, you have no doubt accumulated some assets. We all get small glimpses of where we stand financially, here and there. We get a monthly statement from our bank accounts and have a pretty good idea of what we have there at any given point in time. Less frequently, we see the current value of our retirement savings accounts. Within our houses, apartments and garages, we accumulate so many things. Stuff that helps us lead the day-to-day lives we enjoy. Some simply bring us happiness or fond memories. Also, in this day and age, increasingly, we have digital things that are valuable to us and to our loved ones. We see all these things in little snapshots, but rarely, if ever, do we see the whole picture.
This is very different from professional financial managers in businesses and other organizations. They always have a clear view of the whole picture when it comes to their organization's financial situation because they know these are resources the organization uses to reach its goals and a clear understanding of these resources is needed to make sound decisions that keep the organization on its mission path.
Our personal goals are our life's mission path.
Covet makes it easy to be informed about your total estate picture.
Covet helps you easily aggregate all the assets and resources you own in one, easy to understand place that helps inform good decision making as you move through life.
Covet includes tools to help you capture valuable personal property using the camera on your phone to record descriptions (both photographic and text) and provide dynamic valuations in seconds.
It has tools to easily connect your banks, retirement and other accounts. It even allows you to securely store valuable and important digital files.
Covet Helps Protect Your Life from the Unforeseen
No one likes to think about it, but sometimes unforeseen events occur like fires or floods. Having a secure and accurate catalog of all your valuables can be a lifesaver when an insurance claim becomes necessary.
This is why we have insurance, so when difficult, unforeseen things happen, we can quickly recover and get back on our life's mission path.
Covet Facilitates Easy Self-Creation of Your Estate Plan
Finally, as much as we'd like to, we can't live forever. When our life's mission has reached the end of the path, our assets (let's keep thinking of them as resources) can help those we love achieve their life goals. We want to be sure they receive them without unnecessary difficulty.
Covet helps by automatically facilitating the self-creation of clear estate planning documents that detail your wishes and inform your appointed representatives after you're gone.