Being Prepared

November 1st 2018 | Posted in Blog, Financial Planning

The news reports this summer of the horrid fire storms in California and the damage that remains in the wake of Hurricanes Florence and Michael have left me wondering what I would do if I had only moments to vacate my home. Would I be prepared to walk out the door confident that I had the most important things with me? That little discussion with myself left me sure that I wouldn’t be prepared if I were forced to think rationally in an emergency situation.

Thankfully, Google exists. After a quick search I found that FEMA offers a detailed “Emergency Financial First Aid Kit” on its web site. Completing this kit is now on my to-do list. Should you also decide that being prepared for a possible late-night disaster is a prudent idea for your family, then you might want to consider using this resource as well.

Once you have your First Aid Kit completed, take it one step further and sign up for Master’s Wealth Manager, an online financial resource that we offer free to our clients. This portal gives you access to your current financial reports and an online vault for storing electronic documents. The vault would be a great place to store your First Aid Kit.

Because your documents are stored in a secure cloud, your information will be kept safe and will be available to you in an emergency from any device with internet connectivity. In addition to your First Aid Kit, you can also store copies of your passport, driver’s license, credit cards, powers of attorney, will, birth certificate, immunization records, digital photographs of your possessions for insurance claims and family photographs that are too precious to be lost in a fire.

Ask your Relationship Manager for a tour of all the features Master’s Wealth Manager has to offer the next time you are in the office. It might just be the most valuable asset you have in an emergency, and you don’t have to remember to pack it on your way out the door.

Deborah K. Lorah | Relationship Manager

Email Deborah K. Lorah

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