Estate planning files need to be stored safely, yet be offered, when required. Here are 6 easy to execute suggestions on storing your estate planning documents.
u2022 Ask your estate planning attorney if he keeps signed originals and how long he will do so.
u2022 Give a copy of your estate planning documents to a relied on liked one. Your successor trustee or executor would be a good choice. They can keep these documents in their house for their simple referral and safe storage.
u2022Keep your estate planning files in your desk drawer or on a shelf in your home office. Consider putting them in a fire safe, but ensure your relied on liked ones have the combination.
u2022Do not put your estate planning documents in your safe deposit box. They might not be accessible when needed due to banking hours and your trusted enjoyed ones will have trouble entering into the box. The files that authorize admittance will be in the box itself. That’s bad; that’s a hassle.
u2022Use a virtual file storage service to save your documents. Docubank (www.docubank.com) shops healthcare documents, contact info, and essential health information, making it available 24/7/365 with one phone call.
u2022Keep your crucial documents and certificates with your estate planning documents. This would include marital relationship, death, and adoption certificates; deeds and mortgage agreements; updated lists of properties and accounts; list of account numbers with passwords, user ids, and pins; funeral directions; agreements; letter to enjoyed ones; ethical wills; the most recent financial investment and bank account statements; and any other paperwork you deem to be important.
You have actually done all that work developing an excellent estate plan; follow these pointers to guarantee that your documents are readily available when you require them. If you have any concerns that weren’t responded to in this post seek advice from with a qualified estate planning lawyer.