November 5, 2010

Tip of the day—Keep important papers together

I was talking with someone yesterday about how difficult it is to find someone else’s important papers.  Either they aren’t where you would think, they aren’t marked properly, or some are here and some are there. 

To solve this problem with your own records:

  • Make a file for all birth certificates, marriage licenses, discharge papers (military), citizenship papers, living will, power of attorney, will and testament, and do not resuscitate orders.  Include other documents like passports and social security cards either in that same folder or in a separate one stored nearby. 
  • Mark the file as to what it contains and put them in a safe place.  Tell your next of kin or power of attorney where they can be found.
  • Photocopy important papers and keep them somewhere else—a safe, a lockbox, etc.  If you have a lawyer,  you might also ask about him or her keeping copies in your file at their office.
  • When changes or additions are made to documents, revise your file and make sure to put it back in the same place each time. 
  • It might also be helpful to keep life insurance records and similar papers near these other documents.  In the event of a death, the people you love the most will need to have this information.  It is a loving gesture to keep your records and documents filed in a way that it makes it easier on them.  You might also consider writing a letter in your script to loved ones to store in the same place.

No comments:

Post a Comment