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List of Paperwork to Keep and the Ones to Shred

People tend to keep every single piece of paper that has ever floated into their lives in a hugely disorganized manner. As much as you might want to have them all stored in your house, you could get rid of some that are not very important. Clutter is a problem that many people suffer from. The good news is that there re several methods you could use to escape such problems. This article is going to focus on how you could overcome pile of paperwork once and for all. Mentioned below is a list of document you should keep and the ones you ought to shred.

It is advised that you keep a copy of anything sate related or federal. Such documents include certificates, licenses, title deeds plus much more. Doing that is important because such document tend to take up a lot of time when it comes to having them replaced. In addition, you will be able to access them easily when the time to use them comes. you also want to ensure that you store them in not only safe places but also fire proof if possible.

Second, there are documents you ought to keep the latest versions of. It is important to take note often fact that it does not matter whether you have a physical copy of such documents or you scan then store them in a folder on your computer-as long as you have a copy of them with you. For instance, you want ensure that you keep all your tax records just in case you want to start a business, take loan or the tax man needs them.

You also want to ensure that you keep your bank statements for at least a year. Doing that is important because you never know when such information might be needed. Failure to do so, you might be highly inconvenienced in the future.

You also want to ensure that you keep every page of your medical records and healthcare bills for not less than twelve months after making payments because you never know when you will find yourself embroiled in a dispute with your insurance providers.

You are also advised to keep all your latest versions of social security statements, annual insurance policy documents and your retirement plan as well. Additionally, you want to ensure that you keep any document relating to property sale or purchase for about six years after selling. Doing so will make your work easier in the future as you will know more about what to do.