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BBBOnLine Reliability Seal

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Limit access to an investor's account to just yourself...

Posted by Ward-CA- on May 30, 2009 at 1:57 AM

In Reply to: Investor's protection posted by George Castleberry on May 29, 2009 at 11:16 AM

George,

Just limit access to their account to you and no one else. That way, when you drop dead, your access to their account goes kaput too.

If you're holding their cash in cashier's check form at the time you croak they can execute a "stop payment" with their bank to make such checks non-negotiable.


-------Ward

==============

: How do you folks protect your investor's money while it is sitting in their bank account waiting for deals to come? I have an investor that is slightly nervous about me dropping dead and my wife draining their account.



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