My mother passed away more than three years ago. The estate has long been settled. How long do I need to keep her financial records? Her house was passed on to her four children.

Which records to keep and how long during one’s lifetime depends on the type of record being considered.

See this page for guidelines: Organize Your Important Papers.

In regard to estate issues after someone’s lifetime, you should keep the estate financial records 7 to 10 years or more from the time the estate was settled (not the date of death). It is necessary to keep records for this length of time because, if income on the estate was underreported …