Thursday, August 26, 2004

Financial Planning Kenneth Petersen

Financial Planning Kenneth Petersen


Q: I clipped out your column with the list of items I should gather and place in a portable container in case of a disaster.

Cash, prescriptions and financial files are obvious. But escrow documents? My property is recorded. Wills and trusts? My attorney has the originals. Birth certificates? I can get them from the county where I was born. Insurance policies? Isn't the company enough?

I would appreciate the why to go with the what.

A: There is probably a 99.9 percent chance that you will never experience a disaster that's bad enough to cause you to need the financial survival kit that I recommended. But if you are one of the unlucky ones, then you'll thank yourself for having it.






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