Do you have a financial disaster plan?
Abstract: Many people are proactive when it comes to preparing for a natural or man-made disaster. For example, they stockpile an “emergency stash” of supplies, water and canned goods to last them a week or longer in case of a major storm or other disaster. But they often don’t consider in their preparation how their finances could be impacted by a catastrophe. This article discusses anticipatory measures to take, including gathering, organizing and safeguarding personal identification records and financial and legal documentation.