Emergency Preparedness: Family Financial Plan

All families can benefit by having a family financial plan, this will help reduce stress and make it easier to make decisions during emergencies. This includes deportation situations, as this does not take away your financial rights. This document is designed to be a tool to begin your financial plan. 

In general, follow these six steps:

1. Make a list of all your assets (e.g. bank accounts, loans, cars, house, etc.)

2. To this list add important contacts, account numbers, and passwords

3. Decide who has access to these assets, whether it is your spouse or a power of attorney, etc.

4. Write down the action you want to take with your assets if you must leave the United States (e.g. close accounts, sell car, etc.)

5. Make a list of important contacts (e.g. real estate agent, attorney, employer, etc.)

6. Keep all your important documents in one binder and at an accessible location.