In an emergency, the last thing your family wants to do is try and find your important documents by scrambling through a mass of papers. While you should not keep everything, there are a few important documents to have set aside in for your loved ones. These important documents are:
- Original will or revocable trust.
- Durable Power of Attorney for Health Care.
- Durable Power of Attorney for Finances.
- Authorization to release health care info.
- Deeds for all real estate and burial plots.
- Mortgage, loan, or credit card documentation.
- Last three years of income tax returns.
- Vehicle titles.
- Stock certificates and savings bonds.
- Bank accounts, CDs and brokerage accounts.
- Safe deposit box information.
- Retirement accounts (IRAs, 401K, annuities, etc.).
- Life insurance policies (including employer provided policies).
- Pension information.
- Marriage license(s).
- Divorce judgment(s).
- Any other important papers.
While putting this information together may be inconvenient, it will provide huge benefits to your family. Your family will have the peace of mind of knowing where everything is and they will not have to spend hours trying to locate your important documents.