If something happens to you, what important records would your family need to take care of your financial or business matters? Get them organized and accessible before an emergency or a crisis situation happens.
3 things to consider:
Location, Who knows where they are and Which papers?
Location. This could include a home safe, fire security box or off-site location such as a safe deposit box. Shoe boxes under the bed might not be a good idea!
Who Knows. I'd say your spouse 1st for sure. If not them then a 3rd party you feel comfortable with such as your attorney, accountant, another family member or a family friend. the general idea is someone not living in your residence that knows about the information and how to access it. know your comfort level with this person and you alone make the decision.
Which Papers. Organized records are a plus under these circumstances. The list may include:
- safety deposit box # and key.
- life insurance policies
- deeds, contracts, leases, titles, mortgage loan papers
- banking records
- investment and retirement account information
- burial arrangements
- all of your insurance papers for your car, home, health ect.
- birth certificates.
Besides who knows where they are, being organized and accessible in a crisis situation is a key.
If you'd like other information, click in at www.davidhopewell.com and send an e-mail to david@davidhopewell.com or give us a call at 859-734-5338. Or if you are local you can always come see us at 559 S. College St. Harrodsburg, KY 40330.
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