You’re paying the bills and there isn’t any more room in the file cabinet or drawer, what do you do? Do you sit and wonder which are the important papers to keep and which ones can be thrown out?
A basic rule is to keep tax related documents for seven years. Following this you would want to keep any documentation to support your taxes for this amount of time as well.
Exceptions to the seven year rule of course would be investment or asset documentation (car and home purchases, stock or bonds that are still owned). The few documents you need to keep for life would include but may not be limited to birth, death and marriage certificates, adoption papers and divorce decrees, for example.
{"id":238,"date":"2006-07-10T13:40:42","date_gmt":"2006-07-10T18:40:42","guid":{"rendered":"http:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/found-money\/sub-cat\/waht-do-you-do-with-all-the-papers"},"modified":"2006-07-10T13:40:49","modified_gmt":"2006-07-10T18:40:49","slug":"waht-do-you-do-with-all-the-papers","status":"publish","type":"post","link":"https:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/personal-finance\/waht-do-you-do-with-all-the-papers","title":{"rendered":"What do you do with all the papers?"},"content":{"rendered":"\n\n\t<\/p>
You’re paying the bills and there isn’t any more room in the file cabinet or drawer, what do you do? Do you sit and wonder which are the important papers to keep and which ones can be thrown out?<\/p>\n\n\t
<\/p>
A basic rule is to keep tax related documents for seven years. Following this you would want to keep any documentation to support your taxes for this amount of time as well.<\/p>\n\n\t
<\/p>
Exceptions to the seven year rule of course would be investment or asset documentation (car and home purchases, stock or bonds that are still owned). The few documents you need to keep for life would include but may not be limited to birth, death and marriage certificates, adoption papers and divorce decrees, for example.<\/p>\n\n