Family records: What to keep & for how long
- Family records to keep indefinitely are characterized by being major life events and provide proof of something like identity or ownership. Temporary family records are those that have expiration dates or need to be replaced over time.
- Family records, like birth, death and marriage certificates, as well as divorce paperwork, should be kept indefinitely. Documents like wills, passports and auto records should be kept as long as they are in effect.
- Medical records are slow in coming into the electronic age so it may be hard to get copies. People should keep their own medical records indefinitely and keep multiple copies; one for home and one in a safe deposit box.
- Even though the IRS suggests keeping tax records for three years, taxes can be audited or collected upon for up to six years, so it is best to keep tax records for at least six years.
- Both permanent and temporary family records should be kept in fireproof and waterproof storage or a safety deposit box to protect against theft or loss due to natural disaster.
Features
Types
Medical Records
Taxes
Storage
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