Did you know that about 46 percent of Americans have a last will and testament? As the centerpiece of an estate plan, a last will ensure that your assets are distributed as you intended should something happen to you.
Not only can a will avert major conflict and legal battles among family members, but having one completes your estate plan and provides peace of mind.
If you’re concerned about your last wishes getting lost, there are a few ways you can keep the details safe. You can keep your plans around for those who need them.
Keep reading to learn valuable tips to help you store your last will and testament.
Use a Safe Deposit Box
It is essential to store your estate planning documents properly to ensure that it is not lost or damaged. One option is to use a safe deposit box.
This option is ideal because it provides a safe, secure location for your document. If you choose this option, be sure to provide your executor with a key to the box so they can access the paper when needed.
Make Multiple Digital Copies
Ideally, you should have physical will storage, but keep a digital copy to be sure. You should keep them in different locations to ensure safety. This can be on a flash drive, in a cloud storage service, or on a website that specializes in storing legal documents.
Let Your Lawyer or Financial Advisor Hide It
If you want to ensure that your will and testament are properly hidden away, you should consider giving them to your lawyer or financial advisor. They will know how to store it in a safe place and will also be able to keep it up to date as your circumstances change. This way, you can be sure they will fulfill your wishes after you pass away.
Keep It in a Fireproof and Waterproof Container
When storing your last will and testament, keeping it in a fireproof and waterproof container is essential. This will help to protect your document from any damage that may occur.
Moisture or Dustproof Envelopes
One option for storing your last will is to keep it in moisture or dustproof envelope. This will help to protect the document from the elements and keep it in good condition.
You can store the envelope in a drawer or filing cabinet in your home. Be sure to label the envelope so that it is easily accessible if you need it.
You can also get good will supplies to assure your documents are sturdy enough to last during filing. Make sure to click here to learn more.
Make Your Last Will and Testament Safe With These Storage Options
It is imperative to store your last will and testament safely and securely. If your will is not stored correctly, it could be lost or damaged, and your lawyer or family may not fulfill your final wishes. Therefore, keeping your will in a safe place, such as a fireproof safe or a safety deposit box, is essential.
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