Compiling Your Personal Records

Compiling Your Personal Records

Are your personal records organized? The National Law Review’s Estate Planning Update for February 2015 urges that you compile your personal records and keep them in a safe place that can be accessed by your representative in the event of your death or incapacity. These personal records may be paper files or digital assets/passwords. The National Law Review lists the top ten types of records that you should print or save in digital format. Remember to keep the files in a secure location that is separate from your computer but can be accessed by your representative if needed. The list is as follows:

  1. Personal Info
  2. Cash/investment accounts and safe deposit boxes
  3. Real estate
  4. Partnerships/closely held business interests
  5. Life insurance and retirement plan assets
  6. Loan/notes
  7. Estate planning documents
  8. Tax records
  9. Digital Files
  10. List of Advisors

Read more about each of the above types of records at: http://www.natlawreview.com/article/estate-planning-update-february-2015