What You Need to Know!

As seen in The Miami Herald - How to avoid a Category 5 financial crisis when a storm hits    “While many of us know to stock up on the typical hurricane supplies, ensuring our finances are well-organized and protected is not always top of mind during this hectic time.”   Hurricane Dorian spared South Florida this time; however, the threat of a potential hit had many stocking up on supplies such as food, water, batteries, gas and other hurricane-preparation items. Unfortunately, our neighbors in the Bahamas were not so lucky; the overwhelming devastation to the Islands has left many of us rethinking our disaster preparedness plans.   Ensuring our finances are well-organized and protected is not always top of mind during this hectic time: Do you have an emergency fund? Do you have adequate insurance on your home and businesses? Are your documents protected? The following tips are critical to...

This week we’ve invited Eileen Santana, our Sr. VP and Sr. Relationship Manager, at Coral Gables Trust Company to advise us on how to avoid a category five financial crisis when a storm hits. With hurricane season upon us and the aftermath of Hurricane Irma still fresh in our minds, now is the time to start your disaster preparedness. Forecasters are predicting another busy season this year and as South Floridians, most of us know to stock up on food, water, batteries, gas and other hurricane preparation items. But ensuring that our finances are well-organized and protected is not always top of mind. Do you have an emergency fund in place?  Do you have adequate insurance on your home and businesses? Are your documents protected? The following tips are critical to avoiding a category five financial crisis in the event of an emergency such as a hurricane. Establish an emergency fund:...