Update records of property improvements whenever those improvements are made; this information is needed when refinancing or selling your home and for tax purposes.
Review and file property agreements and contracts annually.
Update household property inventories at least once a year.
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Lesson Contents
I. Introduction
II. How to Get Organized
III. Organize Important Papers
- a. Which Papers to Keep
- b. Where to Keep Papers
- c. How Long to Keep Papers
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d. When to Update Papers
- d.1. Personal and Family Records
- d.2. Property Records
- d.3. Financial Records
- d.4. Legal Records
- e. How to Replace Papers
Organize Your Important Household Papers belongs to a series called Legally Secure Your Financial Future. The series also includes information to help you communicate with others and begin preparing your estate plan.