Explore

Phase 2: Filing and Managing Your Insurance Claim

Recovering from the devastation of a wildfire is a long and complex process. After reviewing your insurance policy and securing short-term housing, the next critical phase is filing and managing your insurance claim effectively. This guide provides a step-by-step breakdown of the claims process and offers essential tips to maximize your coverage and ensure a smooth recovery.

For more information on creating an action plan and understanding your home insurance policy, read our first article: Phase 1: Action Plan and Insurance Policy Review.

Phase 1: Action Plan and Insurance Policy Review

Experiencing a loss of a home due to wildfires is devastating and navigating the process can be difficult and time-consuming. It's important to take specific actions after a loss to ensure you understand your options and the home insurance policy you have in place. If you were affected by the wildfires, we have provided an action plan and guide to help you understand your home insurance policy.

BakerAvenue will publish a series of articles to guide those who have been impacted by the fires. Even if you haven’t been affected by the recent events, it's still important to ensure you have adequate insurance coverage and an action plan in place for emergencies. Please reach out to your advisor if you have questions or need to review your home insurance policy in detail.

RSU, ISO, NQSO, and QSBS: What Are the Differences?

RSU, ISO, NQSO, and QSBS: The alphabet soup of executive compensation. For most employees, the names themselves are difficult to navigate, let alone the tax implications involved with each type of compensation.

Equity compensation can be complex, and with the rise in popularity of equity as a form of compensation, it is more important than ever to understand the details as the equity comp can often be many times greater than base salary.

When working with equity compensation clients, the most commonly asked questions are: What are the differences between each type, and how do I minimize the tax?

Let's start with an overview of the various stock compensation categories.