The Financial File List in the Fireproof/Waterproof Safe
ByHere are some pics of our system:
It doesn’t have to work for everyone but it works for us.
Notice how our safe opens from the top. This particular safe was purchased from Costco, but unfortunatley they only carry the front opening type now- in Louisville that is. Our particular model is a sentry and I’m sure it can be purchased many places.
Within the categories of groupings we have individual folders and documents. Here is a list of some to the folders with others left out to protect the innocence. I don’t worry much about things like indentity theft but because I’ve been outspoken about it- I went ahead and purchased LifeLock. Neat service.
The following categories: Business Checking- Household Checking or Cash Accounts-Savings-Retirement Accounts-Credit Accounts-Ownership Documents-Legal Documents-Important Documents-Mortgages-Insurance-Social Security-Tax Returns-Medical Records are filled using the following folders:
- Business checking account A
- Business checking account B
- Business checking account C
- Household Checking A (joint checking account if you’re married- or main account if single)
- Savings A
- Child 1 Savings (this could be savings bonds, college funding accounts, or just bank savings
- Child 2 Savings
- Child 3 Savings
- Retirement account husband 1 ( if you have employer plans and IRA’s I would separate them)
- Retirement account wife 2
- Credit Account 1
- Business Credit Account
- Titles (car titles, boat or other things that have title)
- Deeds (to your home, rental property, condo, timeshare, etc)
- Contracts (business, legal ownership
- Power of Attorney
- Healthcare Directives (living will)
- Trust
- Wills
- Identification (social security cards, passports, birth certificates)
- Personal licenses (marriage, etc)
- Professional licenses (teaching certificate, insurance, etc)
- Mortgage 1
- Mortgage 2
- Health and Dental insurance
- Umbrella policy
- Personal property (rings, antiques)
- Dwelling (rental property)
- Auto
- Homeowners
- Life
- LTC
- Disability
- Group benefits
- Social Security Husband
- Social Security Wife
- Tax Returns last 7-10 years
- Medical records and large bills
1 Comments
April 1st, 2009 at 8:45 am
[...] transactions to reconcile! Then gathering personal tax records (that part was easier as we have a system for organizing them throughout the year), and putting it all together for [...]