Sheltering at Home? Review your Emergency Binder

Sheltering at Home? Review your Emergency Binder

Looking for something productive to do to protect your loved ones?

Now’s a great time to prep/update your home Emergency Binder.

  • Make a list of all your assets and liabilities (accounts, insurance, credit cards, loans). Any new ones?
  • List health care info for all family members including doctors names and phone numbers, allergies, pre-existing conditions, prescription medicines and dosages.
  • Make a list of online logins and passwords.
  • Make sure someone knows how you pay bills, assess photos, store documents (online and paper: birth cert, wills, passports).
  • Review your debts. Temporary payment forgiveness? Refinance?
  • Call to reduce auto insurance premium if driving less miles.
  • Review/update your retirement account and life insurance beneficiaries.
  • Get/update a will, revocable trust, living will and powers of attorney.
  • Track monthly expenses – no better time to list necessary monthly expenses then now!

Need Cash Flow?

  • If laid off, do not delay applying for unemployment.  Note that in some states, a paper application mailed in is being processed faster than online.
  • Apply for a home equity line of credit.
  • Take a Roth IRA withdrawal if the account has been open at least 5 years.
  • 401k loans (max amount now $100,000) or withdrawals.
  • Federal and state government loans (EIDL, PPP)

Got questions or need help?

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