Am I Prepared?

AM I PREPARED?

Many women end up managing their finances alone at some point in their lives. Unfortunately, the first time many of them get involved with financial matters is during a crisis, such as a spouse's death or a divorce.

We've prepared a list of thought-provoking questions that pertain to financial fitness and crisis preparedness. It will be time well spent to review this list, determine what you have already done and talk with your Financial Advisor about any issues that affect you and/or your family.

Asset Management

·        Do I have a clear picture of where my assets are located?

·        Will my retirement assets provide a comfortable and secure retirement for my life expectancy?

·        Do I have a well-diversified portfolio?

·        Are my investments appropriate in today's economy?

·        Are my assets titled properly?

·        Do I have an emergency fund?

·        Am I taking advantage of techniques to reduce my taxes?

Estate Planning

·        Do I have a will?

·        Is my will current?

·        Have I determined what I will owe in estate taxes?

·        Have I funded my estate-tax liability?

·        Have I explored and taken advantage of wealth-transfer techniques?

·        Do I wish to provide for charitable giving?

·        Are my power of attorney and my living will up to date?

Debt Management

·        Do I know my credit rating?

·        Could I get a loan if I applied?

Medical/Insurance Planning

·        Do I have enough insurance coverage to cover medical expenses?

·        Do I have enough insurance coverage to provide for disability/long-term care?

·        Do I have enough insurance coverage to provide for family members' security?

·        Do I have in place a way to fund estate-tax liability?

And...

·        Have I coordinated my advisors' (attorney, CPA, banker) activities?

·        What changes in my life are likely to occur within the next three years?

·        Do I know the status of my parents’ financial situation and the implications for my financial well being?

·        Would I be prepared for a family emergency if it happened tomorrow?

This article was written by Wachovia Securities and provided to you by J.R. Fitch, Branch Manager.

Wachovia Securities/WSFN is not a legal or tax advisor.

Wachovia Securities is the trade name used by two separate, registered broker-dealers and nonbank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC Member, NYSE/SIPC, and Wachovia Securities Financial Network, LLC (WSFN), Member FINRA/SIPC.

The accuracy and completeness of this article are not guaranteed. The opinions expressed are those of the author(s) and are not necessarily those of Wachovia Securities/Wachovia Securities Financial Network or its affiliates. The material is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Provided by courtesy of [name], a [title] with Wachovia Securities/Wachovia Securities Financial Network in [city]. For more information, please call [name] at [number]. Wachovia Securities/Wachovia Securities Financial Network, LLC, member FINRA and SIPC, is a separate nonbank affiliate of Wachovia Corporation. ©2008 Wachovia Securities, LLC.

[FiNET use] Provided by courtesy of [name], a [title] with Wachovia Securities Financial Network in [city]. For more information, please call [name] at [number]. Wachovia Securities Financial Network, LLC, member FINRA and SIPC, is a registered broker-dealer and separate nonbank affiliate of Wachovia Corporation. © 2008 Wachovia Securities Financial Network, LLC.

Provided by courtesy of , a [title] with [Practice Name] in [city]. For more information, please call J. R. Fitch  at 706-278-5232. Investment products and services are offered through Wachovia Securities Financial Network, LLC (WSFN), Member FINRA and SIPC, a registered broker-dealer and separate nonbank affiliate of Wachovia Corporation. [Practice Name] is a separate entity from WSFN. © 2008 Wachovia Securities Financial Network, LLC.

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