Question of the Day: "For how long and where should I keep all my original legal documents, including my original will? I’ve heard that I should not keep them in my safety deposit box."

Answer:  You should keep the most recent version of your legal documents (wills, trusts, powers of attorney) forever (or until any administration on your estate after you die is complete). If you get a new document done, you can destroy the old one.  You can definitely keep the documents in your safety deposit box; however, make sure someone other than yourself has access to the box. That way, if something happens to you, someone can get into the box to obtain your documents.

Ben A. Neiburger, JD, CPA
Neiburger Law, Ltd.
Elmhurst, Illinois  60126
Member of the national ElderCare Matters Alliance, Illinois chapter

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