Aug
30
2006
Money Matters
0Money Matters
What Belongs in Your Safe Deposit Box?
Here’s a list of items that should be kept in your safe deposit box. This list is from an out-of-print book titled “The Money Club” by Marilyn Crockett, Diane Terman Felenstein, with Dale Burg. Duplicates of the items marked with an “*” should be kept in your home financial files for quick reference. Make sure a responsible family member or friend is aware of your safe deposit box, where it is kept, and how to gain access to it, should something happen to you. Oh, and safe deposit box rental can be tax-deductible.
PERSONAL DOCUMENTATION
-Marriage certificate
-Copy of will
-Birth certificate
-*Copy of passport
-*Copy of college degree
-*Copy of professional license
-*Copy of separation/divorce papers
- Social Security Card
-*Copy of health information (vaccinations, hospitalizations)
-*Military records
REAL AND PERSONAL PROPERTY
-*Deeds, titles, title insurance for home
-*Deeds, titles, title insurance for any other property you own
-*Deeds, title, title insurance for auto(s)
-*Videotape/DVD inventory of house
-*Copy of receipts for big-ticket items like furnishings
-*Copy of homeowner’s insurance
-*Copy of receipts for home improvements
-*Coins, jewelry, etc.
FINANCIAL/BUSINESS
-*Copy of employment contract
-*Original stock certificates (if not held in street name, which is the recommended form of ownership)
-*Original prospectuses and sales materials for any limited partnerships
-*Bonds and Treasury securities
-*U.S. savings bonds
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