Our hearts, prayers and well wishes go out to all of those impacted by Hurricane Harvey. The personal and business devastation wrought by Harvey and its predecessors, Sandy, Katrina and many others, has been and will be felt for many years. Here in Boston, and all around the country, these storm events, culminating with Harvey, have raised the question of storm preparedness. We no longer speak of 100 year floods. Houston is experiencing its third 500 year flood in as many years. Scientists agree that it is no longer a matter of if, it is a matter of when and unfortunately, the devastating storm frequency and strength is increasing. Focusing on the health and welfare of our clients, colleagues, friends and family, we urge all to start or to continue storm preparedness activities. One activity that is often overlooked, but is very important, is preparing for a catastrophe from an estate and financial standpoint. Our PRW Estate and Wealth Management Counsel, Janice Forgays, published an article in Trusts & Estates Magazine in February of this year that has a helpful section on this very topic.
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