Financial Intel Monthly

Documents You and Your Family Should Have Prepared When Dealing with Coronavirus

Mar 19, 2020 11:04:00 AM / by The Retirement Group (800) 900-5867

Hardworking businesswoman concentrating on her work as she sits paging through a binder of paperwork at her desk in the office

The reaction to the Coronavirus has prompted a lot of strange behavior, including the hoarding of toiletry items.  But what you should be doing is organizing key wishes and information, especially if you or your loved one is over 60 years old. 

Here is what information we recommend you collect and organize in the case that you or a loved one comes down with the virus. 

Medical Information:

Medical information is vital to have at the ready if you fall victim to the Coronavirus. If you wind up in the hospital, doctors need to be aware of any pre-existing conditions, allergies etc. in order to give you proper treatment. Having these documents ready will also ensure that the treatment is administered quickly, without having to wait to find the information.

Legal Documents:

In the midst of this crisis, the number of people googling “how to make a will” is at an all time high. It’s a good idea to have a will in place, but you should also have a property power of attorney and health care power of attorney, in case someone needs to make a decision on your behalf.

A health care power of attorney is especially important if you have children over the age of 18. Without a health care power of attorney, you won’t be allowed to see their medical information. 

Personal Accounts and Information:

You’ll want to compile a list of bills and accounts and provide access to any online accounts to a trusted loved one. You should also provide them with access to keys or alarm codes for your home and office. This way if you are quarantined or in a hospital they can take over your affairs. 

Taking these steps is important in case someone gets quarantined and is unable to take care of day-to-day activities, bills and the like.

There is more to be done, but this is an excellent start that can really ease the burden on your family if a worst case scenario is to take place. Having your information available and organized will ensure that you are not caught off-guard during this health crisis. 

It’s best to do these things today, if possible, you’ll never regret being over prepared. 


To read more about the Coronavirusand its impact on the world economy visit:


Source: Fox Business:

This material was prepared by Broadridge Investor Communication Solutions, Inc., and does not necessarily represent the views of The Retirement Group or FSC Financial Corp. This information should not be construed as investment advice. Neither the named Representatives nor Broker/Dealer gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. The publisher is not engaged in rendering legal, accounting or other professional services. If other expert assistance is needed, the reader is advised to engage the services of a competent professional. Please consult your Financial Advisor for further information or call 800-900-5867.

The Retirement Group is not affiliated with nor endorsed by,,,,, ING Retirement, AT&T, Qwest, Chevron, Hughes, Northrop Grumman, Raytheon, ExxonMobil, Glaxosmithkline, Merck, Pfizer, Verizon, Bank of America, Alcatel-Lucent or by your employer. We are an independent financial advisory group that specializes in transition planning and lump sum distribution. Please call our office at 800-900-5867 if you have additional questions or need help in the retirement planning process.

The Retirement Group is a Registered Investment Advisor not affiliated with FSC Securities and may be reached at




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