A liquid asset is cash on hand or an asset that can be quickly converted into cash. They may be referred to as cash equivalents because the owner is confident the assets can easily be exchanged for cash at any time. The asset must meet several requirements before it can be considered liquid.
The careful planning of an estate requires a great deal of expertise. If you surround yourself with a professional, supportive team as you begin the process, work through its many stages and adjust your plans over time, you assure yourself—and those you love—that the future will be secure for all.
