How Long Should Legal Documents Be Kept?

How Long Should Legal Doc…

I am often asked how long a person should keep their legal documents. The answer is: Permanently! There is no time limit for saving your original estate planning documents.

Unlike tax records, which some experts say you should save for 7 years, your estate planning documents should be kept indefinitely. You can (and should) scan and save copies of your legal documents onto a flash drive. You should always keep your original Will, Living Trust, Powers of Attorney, Deed, etc., in a safe deposit box, lock box or other safe location until your documents are needed, or until you revoke and replace them with new documents.

Don’t have a Will or any estate planning documents? Then you need to call me immediately!

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