Disaster Financial Issues

    Disaster Financial Issues 


    Whether natural or man-made, disasters usually strike quickly and without warning. Routines can be shattered, jobs disrupted, properties destroyed and loved ones lost. What should you do next? What can you do to plan for the next time? You and your family may have little or no time to decide what to do. That's why it is so important to plan for the possibility of a disaster as well as plan for recovery afterward.

    Disasters not only take an emotional toll, they take a financial toll as well. The recovery section will help you regain a sense of financial balance following a disaster by helping you take the required steps to get through the initial hardship as well as what steps to take to begin planning again for the future.

     

    Tools and Resources

    • Disaster Financial Preparedness Guide: written and produced by the National Endowment for Financial Education (NEFE) and the American Institute of Certified Public Accountants (AICPA) and distributed by participating chapters of the American Red Cross across the United States. The guide is offered as a public service of the AICPA, the AICPA Foundation, American Red Cross and NEFE.
    • A Guide for Preparedness breaks down the PDF guide and explains why it was compiled.
    • Steps the public can take Before Disaster Strikes
    • The Red Cross Plan & Prepare is an on-line tool which complements the guides and assists you to plan and prepare for events at home, school, your workplace, types of emergency, more tools and resources as well as mobile apps. Additionally, they have a Disaster Safety Library to access.
    • Disaster Financial Recovery Guide: also written and produced by the National Endowment for Financial Education (NEFE) and the American Institute of Certified Public Accountants (AICPA) and distributed by participating chapters of the American Red Cross across the United States. The guide is offered as a public service of the AICPA, the AICPA Foundation, American Red Cross and NEFE.
    • The Disaster Recovery Fact Sheet breaks down the Recovery guide.
    • Access the Disaster Recovery Guide online at the American Red Cross to see how you can recover financially from any disaster.
    • View a video containing interviews with representatives from the AICPA, AICPA Foundation, CPAs, CPAs working with the American Red Cross, NEFE, American Red Cross, and clients of the American Red Cross using the disaster recovery guide.
    • Download the PowerPoint presentation to educate an audience about the steps they can take to address the immediate recovery issues in the first few days and the following weeks and months after a disaster, and to move forward over the long term.
    • Review Tax Issues for People Affected by Disaster
    • Q&A with Meloni Hallock and Mitch Freedman

     

     

     

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