Tips for Organizing Your Financial and Legal Documents


Heading to the dentist and organizing financial and legal documents no doubt conjure up less than favorable thoughts. While we all know how important each of these undertakings are, it’s also human nature to procrastinate or altogether avoid them. Taking care of your finances and legal arrangements is not only the responsible step to take, but also considerate of your family members. Should you become involved in a serious accident, be diagnosed with a fatal disease or even meet an early demise, you’re loved ones will be faced with such an emotional burden; you don’t want to add to that by not having your financial and legal house in order. Follow these recommendations from the experts. There is no better time than today to get started.

The first step is to make a spreadsheet of all of your financial commitments. List amounts for each debt, monthly payments, and account numbers, website and contact information. Repeat this with each of your assets. Ensure that you have designated beneficiaries for all assets as well as insurance policies in a will prepared by an attorney. Keep a copy of this will in your home as well as in your bank safe deposit box.

An ever increasing burden left to family members is uncovering passwords. Establish a master password for one of the many password websites designed to protect a multitude of websites. These are safe and secure. Include the master password with documents in your safe deposit box. This should also include password access for all devices including laptops, phones and tablets.

If you’re unsure of how to assemble all of this information so it is accurate and readily accessible, get a referral for a family law attorney in your area. Take advantage of the awesome deals offered by Groupon coupons and snag a Rosegal coupon and select from the huge assortment of professional appropriate attire to wear to an attorney’s office. Have a list of questions for your attorney and take notes on the steps they recommend be taken to organize your financial documents and passwords.

Follow these recommendations and you’ll sleep well at night knowing you’ve organized all of your financial and legal documents. Update them each year as needed. Best of luck to you!