The term “liquidity” refers to the immediate value of an asset. Most people are familiar with the concept, if not the word. Cash is the most liquid of all assets because you do not have to do anything, or take any steps, to benefit from the value of cash. Other assets have varying degrees of liquid value. To illustrate the concept, imagine that your spouse is suddenly, and unexpectedly, stricken with a medical condition that requires an immediate and expensive surgery. Topics covered in this … [Read more...]
Free Report: Texas Estate Liquidity – What It Is, Why It’s Important and How to Plan For It
Estate liquidity refers to the amount of cash available to your loved ones from your estate when you die. The concept of liquidity is something you are undoubtedly familiar with even if you don’t use the term “liquidity”. All assets have a value. The assets liquid value, however, is not always the same as its true value. To illustrate, imagine that your home is robbed two days before Christmas and all the Christmas presents you purchased your children are stolen. Topics covered in this report … [Read more...]
Texas Estate Liquidity: Why It’s Important
Texas Estate Liquidity: Why It's Important from Steve P. Mendel Although the gold coins are the least valuable of your assets, they are the most valuable liquid asset because they can be turned into cash in about an hour by selling them to a gold and silver dealer. Learn more about Texas estate liquidity in this presentation. … [Read more...]
