Tax deadline has come and gone, but you are like me and wading through unfiled papers; I have a great list of what you need to keep, how long you need to keep it for, and where you should put it!
Originals You Rarely Need should be in Safe-Deposit Boxes & Never Discarded.
- Household Inventory: Lists and photos of your possessions (I use Evernote for this task. It is an amazing tool for many home organization projects.)
- Divorce Decrees & Lawsuits: A copy should be given to your lawyer
Originals You May Need Occasionally should be kept in an In-Home Safe or Locked Cabinet and Kept.
- Birth Certificates Death Certificates: Copy should be given to an Executor
- Diplomas Health & Immunization Records
- Marriage Certificates: Copy should be given to an Executor
- Medical Directives: Copies should be given to both your heir and doctor
- Real Estate Deeds: Keep 10 years after Sale
Tax/Financial Documents stored in Locked Cabinet for 7 years.
- Bank and Credit Card Statements
- Cancelled Checks
- Home Purchase/Improvements
- Tax Returns/Related Documents
For other great tips on organizing your home, check out my Pinterest board dedicated to the subject!