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Hey all, I'm the guy who updated Possessions 2.0.2 (and added some features) for patch 2.3 after the real original author, Oystein, disappeared. I had good intentions to keep it up to date since then, but other Possessions fans always beat me with patches to fix the bugs that would crop up. The easiest way to take an inventory is to use a video camera, recording and describing items as you walk through your house. Or, you can use a regular camera and create a home inventory checklist. Here are a few tips for completing and storing your inventory: Add brand names and descriptions where you can, especially on large-ticket items.
It is helpful for insurance purposes.
It’s great tohave insurance against damage and loss, but if you can’t show proof of yourpossessions, it may result in a protracted settlement process with yourinsurance company.1
Mimolive 4 7 3. FourTips for Creating an Inventory. Creating an inventorymay take a bit of upfront work, but it can pay future benefits in smoothing theclaims settlement process with your insurer as well as increase the potentialof receiving the maximum payment possible.
Tip#1 – Make a Video of Your Possessions. A visual record ofyour possessions is the best proof of ownership. When videoing your homecontents, make sure you are methodical and thorough in going through all yourrooms and storage spaces. Speak while you are taping to describe each item;include any relevant information (e.g., “this is a signed first edition of“Moby Dick.”).
Tip#2 – Document Value of Your Items. Scan or video receiptsof the items in your home. Indicate the make and model where appropriate. Ifyou have artwork or antiques, consider creating a record of any appraisal youmay have received on your collectibles.
Tip#3 – Secure Your Inventory. An inventory doesn’t help much if youkeep it in the house and your home burns to the ground. If your video isdigital (highly recommended), consider storing the file in a “cloud” accountrather than on your computer, or alternately, on a USB stick stored in a safetydeposit box.
Tip#4 – Keep Your Inventory Updated. Failure to regularlyupdate your inventory may mean unintentionally leaving off expensive newpurchases.
Get started byasking your insurance agent if they have an inventory checklist, which may helpyou remember to include items that you might otherwise overlook.
Kim Gaxiola CFP® may bereached at 800.584.3652 or at [email protected]
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Citations.
1 – thebalance.com/making-a-home-inventory-list-for-insurance-4166000[3/3/19]
Home Inventory 3 8 0 – Easily Inventory Your Possessions Like
Omniplan 3 8 1 – robust project management software pdf. Best practices, family, valuables