Where should you keep your estate planning documents? Many people keep original documents in a bank safe deposit box, or a fireproof safe. Some favor keeping them in electronic storage. None of those are our favorites.
We think you should keep your estate planning documents in an easily-accessible place in your home. Burglars aren’t interested in your documents. Family members are unlikely to snoop. And especially your powers of attorney can be needed on short notice, after hours and under difficult circumstances.
If you have disinherited a child, or worry about someone destroying your documents for some other reason, just make sure that the location is known to people who need that information. Listen to our podcast discussion to hear more of our thoughts on where to keep your estate planning documents.