How to Store Estate Planning Files

Estate planning documents need to be saved securely, yet be available, when required. Here are 6 simple to execute pointers on keeping your estate planning files.

u2022 Ask your estate planning attorney if he retains signed originals and how long he will do so.
u2022 Give a copy of your estate planning files to a trusted enjoyed one. Your successor trustee or executor would be an excellent option. They can keep these documents in their house for their easy referral and safe storage.

u2022Keep your estate planning documents in your desk drawer or on a rack in your house office. Think about placing them in a fire safe, however ensure your relied on liked ones have the combination.
u2022Do not put your estate planning documents in your safe deposit box. They may not be accessible when required due to banking hours and your relied on loved ones will have trouble entering package. The files that license admittance will be in package itself. That’s not great; that’s a hassle.

u2022Use a virtual document storage service to store your documents. Docubank (www.docubank.com) stores health care files, contact details, and essential health info, making it offered 24/7/365 with one phone call.
u2022Keep your crucial documents and certificates with your estate planning documents. This would include marriage, death, and adoption certificates; deeds and home loan agreements; updated lists of assets and accounts; list of account numbers with passwords, user ids, and pins; funeral instructions; agreements; letter to enjoyed ones; ethical wills; the most recent financial investment and bank account statements; and any other documentation you deem to be important.

You have actually done all that work producing a great estate plan; follow these suggestions to ensure that your documents are available when you require them. If you have any questions that weren’t responded to in this post talk to a certified estate planning attorney.

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