Asset Protection/Insurance Tips

February is Asset Protection/Insurance month on AccountingWEB. Each weekday we will provide you with more practical tips that you can use to protect your investments. We welcome fresh ideas, so please let us know if you have a favorite tip to share!
1
Consider holding assets in separate companies. For example, if you own several pieces of rental property, hold each property in a separate corporation so that a liability incurred on one property won't put the other properties at risk. - AccountingWEB Staff
2
Before purchasing any type of insurance, compare coverage and policies. Make a checklist of all items under comparison, then choose an insurance agent who can get you the best deal on the coverage you want. - AccountingWEB Staff
3
Purchase different types of insurance from the same company to get better rates for repeat customers. - AccountingWEB Staff























Upcoming CPE Webinars

Jul 16
Hand off work to others with finesse and success. Kristen Rampe, CPA will share how to ensure delegated work is properly handled from start to finish in this content-rich one hour webinar.
Jul 17
This webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.
Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.