Hi friends When it comes to organizing documents you have to know what to hold and what to discard.... Keep for life - Birth, marriage, divorce and death certificates. - Life insurance policies that are in effect. - Copies of your will/power of attorney. - Certificate of discharge (from bankruptcy) Keep 12 years - Mortage papers (from date paid off). Keep six years after expiry - Investment and savings documents. - Pension policies. - Debt repayment records (check your credit file first) - Loan repayments Keep two years after end of relevant tax year. - All documents relating to your tax return ( pay slips, pension contributions,taxable state benefits, pension, bank statements, building society pass books). If self-employed keep six years. Keep one year - Certificates of insurance.....only keep the most recent one. Keep as long as you own - Deeds of unregistered properties - Planning and building regulation documents - Home-improvement records. - Car registration purchase papers, lease. - Insurance claims - Bills for major purchases, warranties. Discard - Credit card bills once you've checked them and kept relevant receipts. bye
