1. Financial assets are issued by borrowers and traded by financial institutions who hold them. 2. However, we begin by discussing the financial assets in which they deal. 3. In financial terms, the value of any financial asset depends on the earning power of that asset. 4. Know where insurance policies, financial assets, Social Security numbers and wills are kept. 5. Medicaid pays nursing home bills for long-term custodial care, after patients have exhausted their financial assets. 6. Note that financial assets and liabilities cancel one another out, thus making net worth equal to the value of physical assets. |
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