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Whiskers the Trust Fund Cat As a successful businesswoman, she had meticulously organized every aspect of her life, from her career to her retirement. But there was one area she hadn't given much thought to until recently , the future of her beloved cat, Whiskers. Whiskers had been with her for ten years, a constant companion through the ups and downs of life. He was more than just a pet, he was a family. She couldn't bear the thought of Whiskers being left without care if something were to happen to her. So, she decided to create an estate plan specifically for him. Yes, most of you here may find this case amusing , but it is a true case scenario shared by my CFP facilitator many years ago. Since then I learned that estate planning is not limited to us humans, but it also includes our pet as well. Frequently, we would assume that we will outlive our pets, that's a really common thinking process. But unexpected events may occur unexpectedly. What if we passed away suddenly, who will take care of our pets? As a result, thinking ahead and planning for the worst-case scenario can help protect your pet from the uncertainties of life and ensure that he or she is taken care of in the event you pass away unexpectedly. Here are few suggestion you could consider when it comes to estate planning for your pet:- ✅Select a caregiver and executor  ✅Create a Will or Trust for your pet ✅Allocating fund or allowance for your pet caregiver and protector ✅Leave detailed care instruction for the caregiver to carry out Most of the time when it comes to estate planning we often will think of our spouses ,children, and friends, we seldom include our pets. But the actual fact is we can include them,  just make sure you have the necessary details put in order before you pass away before your pets do. #Vivfpjourney #financialplanning  #estateplanning

Are you considering purchasing a house with a pool? If so, this article serves as fantastic checklist. With each transaction I pledge to give 5% of my earnings to the charity of my clients' choice. (970) 390-0705 | [email protected] #vailrealestate #vailcolorado #vailvalley #visitvail #vailhomes

Insurance costs already significant obstacles to community development initiatives. If insurance companies pull coverage altogether, it's more than just a bureaucratic issue—it's a threat to the essential services provided by community development organizations. Recently, the Community Opportunity Alliance - Formerly NACEDA was met with a surprising letter from their insurance provider, Travelers, which forced them to reckon with the possibility of lacking viable insurance coverage. What does this mean for community development organizations? Read the full story: https://bit.ly/3Ujz5Ax #AffordableHousing #CommunityDevelopment #RiskAssessment

Raising UP Rural July 29th Edition www.raisinguprural.com JOIN the Rural Trend and stay informed on all things impacting rural Texas! Rural Texas Faces Sharp Increase in Property Insurance Rates This year, rural areas across Texas are experiencing a significant rise in property insurance rates, adding financial strain to homeowners and businesses already grappling with various economic challenges. The increase comes as insurance companies adjust their policies in response to escalating risks and losses from natural disasters and other factors.   Several factors are contributing to the hike in insurance premiums. The most significant is the rising frequency and severity of natural disasters, such as wildfires, hurricanes, and severe storms. Rural areas, often characterized by older structures and less robust infrastructure, are particularly vulnerable to these events. Insurers have noted an uptick in claims from these regions, prompting them to reassess the risk levels and adjust premiums accordingly.   Additionally, the costs associated with rebuilding and repairing damaged properties have surged due to inflation and supply chain disruptions. Construction materials and labor costs have increased, further driving up the overall expense for insurers. This has led to higher premiums to cover the potential payouts.   Insurance companies are also incorporating new risk assessment technologies, which provide more detailed and precise data on property vulnerabilities. While this leads to more accurate pricing, it often results in higher rates for properties deemed high-risk. In rural areas, where resources for mitigating risks are limited, homeowners and businesses face steeper increases.   State officials and insurance regulators are monitoring the situation closely. Some are calling for measures to alleviate the burden on rural residents, such as subsidies or state-funded insurance pools that could offer more affordable options. However, these solutions are still in the discussion phase, and immediate relief for homeowners remains uncertain.   Local communities are feeling the impact acutely. Many residents, particularly those on fixed incomes, are struggling to keep up with the rising costs. Businesses, already dealing with the economic fallout from the pandemic, now face additional expenses that could affect their operations and sustainability. To read more please visit Raising UP Rural at www.raisinguprural.com  

Homeownership often allows for pet ownership and provides a stable environment for raising a family. Let’s discuss financing if you’re ready to buy a home your kids & dog won’t stop grinning about. #NationalHomeownershipMonth

Homeownership often allows for pet ownership and provides a stable environment for raising a family. Let’s discuss financing if you’re ready to buy a home your kids & dog won’t stop grinning about. #NationalHomeownershipMonth

Homeownership often allows for pet ownership and provides a stable environment for raising a family. Let’s discuss financing if you’re ready to buy a home your kids & dog won’t stop grinning about. #NationalHomeownershipMonth

Homeownership often allows for pet ownership and provides a stable environment for raising a family. Let’s discuss financing if you’re ready to buy a home your kids & dog won’t stop grinning about. #NationalHomeownershipMonth

Homeownership often allows for pet ownership and provides a stable environment for raising a family. Let’s discuss financing if you’re ready to buy a home your kids & dog won’t stop grinning about. #NationalHomeownershipMonth