KATHY’S HOME & GARDEN TIPS – LET’S CONTROL THE PAPER
KATHY’S HOME & GARDEN TIPS – LET’S CONTROL THE PAPER
I thought this would be a good time to give suggestions as to what documents should be saved and for how long and which may go. First are you a saver of greeting cards or kids’ art? There is a great app called Keepy: The New Family Album. Here you can save all kids’ pictures and add video and comment! It really is your new family album.
These items can be digitized or their electronic versions stored
Pay stubs- keep for one year
Social Security statements- current
Current Retirement statements
Current investment statements – you should keep these for at least three years after selling.
Tax returns – save for seven years I do ten.
All home improvement vehicle repairs warranties and receipts
Current prescriptions and medical records
Make sure you always back up to some secure Cloud service.
Paper that must be saved cause they’re f***ing hard to replace!
Social Security Cards you haven’t lived until you’ve spent 4 hours in a SS office!
Wills and Living Trust etc.
Birth and Death Certificates
Pension plan documents
Marriage and Divorce certificates
All insurance policies: life home and auto
House Deeds and Mortgage Documents
Vehicle Titles
Additionally you can shred all banks statement as soon as you reconcile as well as all deposit slips and atm receipts. Almost all business you have today can be accessed online including utilities. No need to keep all that paper! I go paperless whenever I’m offered the option. Save a tree it’s the way to go!
P.S. Keep a Cloud backed digital copy of all your kept documents God forbid fire or whatever!
KATHLEEN WEAVER-ZECH & DEAN’S TEAM CHICAGO
