Most of us have some kind of filing system for our important papers—but would someone else be able to find your documents quickly if something happens to you? If you’re injured or if you die, you’ll want your family or the executor of your will to find important papers including estate paperwork quickly by having it organized in one place.
Consider creating a binder or master folder for your important documents and storing it in a safe place and make sure to tell your loved ones and your executor where they can find it.
Here’s a list of suggestions of what documents to organize in one place:
Legal documents
Financial documents
Additional information
Storing your documents
Once you’ve organized this information you can choose to store it in a:
Make sure you tell your executor and family where and how to access your important documents.
Putting your estate paperwork in order simplifies things for loved ones and your executor. It also helps make sure no assets are overlooked and your beneficiaries receive the full legacy you intended.
Other articles you may want to read:
Being financially organized contributes greatly to feeling financially prepared.
Start moving towards financial security for your family with 10 simple money management tips.
Get your finances organized – budgeting, managing debt, planning for retirement and preparing a will.
