A beautiful summer home on the beach or keeping a home of your grandparents for all family branches to gather, relax, and enjoy sounds ideal. What happens when your cousin comes with her five kids and three large dogs for a month? Or the taxes and maintenance are being split equally and you barely use the property? Or what if some family members leave the property in disarray? Unfortunately, sometimes a good idea intended to bring the family closer together can, if not managed properly, create more tension and conflict.
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One of the best ways to help ensure the safety of your family and friends while aboard your boat is to identify common maintenance items before they become a problem. And if your boat is hauled out for winter storage, there are important recommendations to follow to help ensure that your boat will be ready for safe and reliable cruising again next year. It is also essential to consider a marine survey. Having a periodic inspection by a qualified, independent marine surveyor is a critical part of all boat ownership, and is particularly crucial for aging, gasoline-powered boats.
If your boat was in lay-up over the winter, you’ll need to take care of a few things before it’s ready to go, including conducting a complete safety and maintenance review. As a boat owner, you’re responsible for knowing the condition of your boat and its equipment. Knowing and implementing the important safety measures and other recommended tips will help ensure your vessel is ready for a successful launch and a safe and relaxing season.
We have all been the new person at some point or another—the new person on the block, the freshman at the big university, a manager in a new office. In such hard-to-navigate situations, training and communications are integral parts of the on-boarding process. When both employee and employer are informed about one another’s needs, personalities, and expectations, everyone gets one step closer to success.
Whether your collection of paintings are decorative pieces or appreciative investments (or both), they can hold a tremendous amount of meaning and value. As to the decision regarding how and where to display your fine works of art, it’s important to identify and consider the many factors that could lead to a loss. All paintings—including oils, acrylics, pastels and other mediums atop canvas, wood, board or paper—require special care and consideration.
A chimney fire can be a significant event, in both monetary damages and trauma. The risk is heightened by the fact that chimney fires often begin out of sight, meaning they may not be noticed in time to prevent the flames from spreading to the home or causing serious structural damage. Luckily, a few simple measures can help reduce the damage from chimney fires—or prevent one altogether.
Extreme winter weather has been a major issue throughout much of the U.S. in recent years and can result in high insurance claims accounting for millions in losses—the majority of which were due to ice dams and frozen pipes. An analysis of the winter-weather loss claims yielded four common factors and valuable insights that can help you be more proactive about preventing these risks.
While many individuals may have the skills and experience for a private staffing position, it’s the chemistry and having a system in place that makes it work for all parties. With this guide that includes job descriptions and requirements, discover the actionable insights and best practices for optimizing your private staff throughout the hiring process lifecycle. Learn how to prepare to hire, search for the right employee, evaluate candidates, conduct background checks, and much more.
The term “passion investments” has gained currency within the wealth management arena to describe high-end collectibles and other luxury possessions that hold emotional as well as financial value for their owners. When considering that this new asset class has generated noticeable returns, it’s no surprise that owners want to protect their high-value assets. For any passion investment, it’s important to consider the insurance issues, specialized insurance policies, insurance coverage, and risk management best practices to protect these uncommon assets.
Whether it's comparing the options of aircraft ownership or incorporating a family's art collection into their wealth planning and navigating the risks of household employment, this Toolkit can serve as a guide to help meet your needs for luxury concierge services and lifestyle management.