Investors may overlook a serious risk to their net worth — creditor risk — and as a result not carry excess coverage such as umbrella insurance.
Parents may also want to prepare some documents such as a health-care proxy before their child leaves for college in case of an emergency or illness.
Some investors start the new year with resolutions to improve their financial situation, and many include an emergency — or rainy day – fund for unexpected expenses.
In the wake of Hurricane Harvey homeowners may seek assistance in making claims for property loss.
Parents may face challenges trying to help their child in an emergency at college if they do not have a health-care proxy or power of attorney.
Many individuals will need some form of long-term care during their retirement years and need to plan ahead.