Financial Planning

Posted by 70sfamily | 4:44:00 AM







Financial Planning www.mesorc.com No matter what your current financial situation is, there are steps you can take now to prepare for the difficult road ahead. You may want to consider retaining the services of an experienced attorney who works with people who have mesothelioma. A legal professional or a financial advisor can assist you by helping to identify resources you may not have considered. Before you begin to determine how you will pay your bills, the first step is to take stock of what you own (your assets) and what you owe (your liabilities). The difference between the two tells you where you stand now. Next, list the amount of monthly income you receive and where it comes from, along with how much you pay in expenses every month. Take the information you've gathered with you when you meet with your legal or financial advisor. Depending on your circumstances, your advisor may recommend a number of different actions to help pay your medical bills and living expenses, including some of the following. Liquidate your low-earning assets Liquidate stocks and mutual funds Borrow on margin Tap your retirement accounts Borrow against your home equity As an individual with mesothelioma or other asbestos-related disease, you may be entitled to financial compensation from the party responsible for your asbestos exposure. An attorney experienced with mesothelioma cases can explain your legal rights in-depth and answer any questions you may have. If you're ready to speak to ...


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