We all have those important documents that we know we must keep safe. But how safe must you keep them and how long. It is important to keep documents in a place that can be accessed when needed.
There are many options for storage. At the very least everyone should have a home safe that can be secured and is fire proof. From experience very few small safes are truly 100% fireproof. So for documents that are irreplaceable (or nearly) you should consider renting a safe deposit box at your bank. The expense is minimal especially when compared to the headache of trying to replace a document after a fire.
Here are a few guidelines.
What to store in your home safe
- Tax records for six years
- Pay stubs until W2 arrives
- Credit card statements
- Cancelled checks
- Utility bill
- Wills, deeds, and titles
- Birth and death certificates
- Passports
- Military records
- Personal health records
- Medical history
- Retirement benefit statements
Shared at: Simply Sherryl
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