Creating a Financial “Go Bag”

Natural disastersWe have all seen many stories in the news lately about families fleeing wildfires, hurricanes, and other natural disasters. They were followed by stories of survivors picking through the wreckage. One lesson for all of us: we need to be prepared.

Here are some ways to improve our financial readiness, in case an emergency strikes.

  • Give yourself a financial cushion. While your credit cards can help in a pinch, it's best to have an amount equal at least two or three months of necessary living expenses saved. Examine your monthly cash flow and stockpile cash in a savings account that you won't use, unless necessary.
  • Have a little cash on hand. If it’s a real emergency, you may not be able to access your cash easily, and ATM or credit cards may not work. Keep $100 or so in small bills and even some coins handy.
  • Be sure you have the right coverage. Insurance is one item you pay for, hoping you never need to use. However, if you're paying for it, be certain it's going to help. Be sure the coverage you have keeps up with the cost of replacement.
  • Use your camera. If you need to make an insurance claim, you’ll be asked to document everything you've lost. A good way to do this is by taking photos or videos of everything in your home and store them in the cloud for easy access.
  • Keep your records safe. Retain a copy of all your critical documents. This should include insurance records, medical information, tax returns, financial accounts, estate plan, and personal IDs. Keep them all in a safe place. You can also scan and save everything to a flash drive and store it in a safe deposit box or with a trusted friend or family member outside of your immediate area.

This kind of smart planning will help ensure that you and your family are prepared for any kind of emergency.

Reference: NASDAQ (February 14, 2018) “5 items for your financial “go-bag””


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We've been putting together as many resources as possible so that we can continue to help:

  • If you’re a current client with a signing appointment or a prospective client with a consultation and would prefer that meeting take place in your own home, we can accomplish that with a little bit of pre-planning on our part and with the addition of a laptop, smartphone, tablet or other computer in your home to facilitate this virtual meeting. For those of you that need to sign legal documents, that too can be accomplished with the use of a webcam (FaceTime etc.), so that we can witness and electronically notarize all of your important legal documents.
  • We launched the rollout of our on-demand webinar early so that new clients and our allied professionals can view the important component parts of ‘an estate plan that works’ at their convenience.  That is available on our website.
  • Live video workshops will be produced as quickly as possible and certainly ahead of our previous schedule; we will keep you posted as these events become available. Given the ‘boutique’ nature of the firm, we rarely have more than ten people in our office including team members at any one time. During this period of ‘social distancing,’ we promise to have no more than 8 people at any time.   This allows us to comply with the Governor’s directive to limit in-person gatherings.
  • The best way to communicate with us is still by phone during regular office hours of 8:30 to 5:00, Monday through Friday, or, you can email any of our team members (that is, their first name followed by @zarembalaw.com).  We will respond to these emails as quickly as possible.
  • Please continue to follow the directives of our local, state, and federal agencies. For your health and in consideration of our team who is assisting you, if you’ve scheduled an office appointment or planned to drop off paperwork and are experiencing a fever, dry cough, or shortness of breath, please contact your primary care doctor for guidance and then our office to reschedule.

Thank you, Walt and the Zaremba Team

Update to our Process

The unprecedented coronavirus pandemic has taken our entire country by surprise. We understand how difficult this time is for America’s businesses and families.  However, we believe it is vitally important that we make every effort possible to continue to offer solutions that avoid disrupting our important partnership with you, your family and friends.  As you know, estate planning is not something that should wait for a more convenient time, therefore the opportunity to address your important goals both during and after this crisis should not wait.  To that end, we have added the option of a ‘virtual consultation’ to our office process.  You will now have a choice of either meeting with us in our office or in the comfort of your own home.