How do I keep my financial records secure?

Determine what storage methods make the most sense for you. For some that would be the actual documents, or hard copies, while for others creating electronic (computer) files would be most effective. (If you do use electronic files you’ll want to make contingency plans, hard copies maybe, for access during power outages).

• Electronic files: save to disc, cd or flash drive. Place a copy into a safety deposit box. Consider sending a copy to a trusted friend or family member who lives away from you, as well. Remember, a disaster or catastrophe that could destroy your home could also destroy the location of your safety deposit box.
• Hard files: place any original documents in acid-free plastic covers. Keep all hard files in water-proof and fire retardant storage containers. Include any photographs, logs or videos with verbal descriptions of personal property in these storage containers, too.

Finally, create a next of kin list and notify family or trusted individuals where important records are kept in case you are not able to assist in retrieving them.