When one is making a claim on destroyed, damaged, or stolen personal property, along with the detailed list of what is included in the claim, sales receipts are invaluable and often the first evidence an adjuster will request.
If you haven't kept any receipts, for your major purchases, take the time to secure the next best alternative to a receipt - a cancelled check, credit card statement, or return to the place of purchase and request a duplicate copy of the sales receipt.
For additional information on a home or business inventory, visit www.JLKSystems.com.

This week has revealed the tragic results of all the rain that occurred in the Atlanta area. The flooding affected an area not considered to be in a flood risk area - and as a result, caught many people unprepared. Many people are going to have serious financial problems ahead of them.
Use this as a wake up call - to be prepared. Be prepared and protected with a home inventory list - which documents in detail all of your possessions - which includes proof of ownership and value which greatly affects the timing and the settlement of the insurance claim.
For further details, visit http://www.jlksystems.com/

While it may seem cumbersome to keep receipts of all your purchases, it is to your financial benefit to do so. For each insurance claim that you file, in order to receive reimbursement covering the full extent of your loss, you must prove ownership and value for all the items included in the claim. A receipt will support your claim 100%, thereby, guaranteeing you will receive a settlement covering the full extent of the loss.
To keep your receipts available and easy to locate, consider investing in a small scanner. It will be well worth the investment.
For further information, visit www.jlksystems.com

If some type of disruption occurred to your business, whether it be a power outage, fire or flood, would you know how to continue business until recovery is accomplished? If you currently do not have a plan to follow, it is crucial to your company's future to invest the time in developing a Business Continuity Plan (BCP). A BCP will improve the chances of continuing operations during or after a minor or major disaster. In fact, businesses that recover quickly are those that have planned in advance. A BCP is the answer to the unexpected business interruption.
A key component of the BCP is an inventory of business assets. This would include such information as description, model, serial number, purchase or lease date, and manufacturer. Photos and video of these assets would also be taken.
Other key components of the BCP include: document internal key personnel and backups, identify who can telecommute, document external contacts, identify critical documents and identify your contingency location.
Start planning today - to ensure your company will survive and recover.
If you need assistance with a business inventory or BCP, please contact us as www.jlksystems.com.

A home inventory is a great asset to estate planning. While it provides key information such as who gets what, the value, etc. - it provides background information that can be easily forgotten such as how long it has been in the family, the age, special memories, etc.
When my Aunt Cathryn past away, I sure wish she had completed a home inventory list. I know many of the items in her estate had been in the family for quite a while but now that the family had gotten smaller, no one had that information. I remember her talking specifically about items and how long she had the item or from who she received the item - but I could not recall the specifics. Knowing if an item had been part of the family for many years - does make a difference if you get rid of that item. As a result, it was very difficult to decide what items to keep and what not to keep.
Once a home inventory is completed - the information can be easily incorporated into the estate planning document. For further information, please visist www.jlksystems.com.