As important as it is to make your estate planning files such as a will or living trust and pour over will, resilient powers of lawyer, and health care powers of lawyer is where to keep those files. Finding a safe protected place to keep your estate planning documents is really crucial for the truth that those documents are no excellent if they are ruined, lost, or missing.
Some states consisting of South Carolina have laws that support that a missing or lost will is presumed to be ruined or withdrawed or no longer any great, unless there is evidence provided otherwise. This is challenging to get rid of so it is extremely crucial to keep your documents in location they can not be lost or damaged. This safe location might be a safe-deposit box in a bank or in a fire proof safe in your house. A safe must only consist of essential documents and no valuables so a possible thief will not be tempted to take it. It is best to let the person you picked as a personal representative in the will and the backup personal agent know where the will lies so they can recover it at the proper time. It is not a good idea to let anybody else know who you do not totally trust since they may attempt to destroy or alter it if it remains in their interest. There need to be one initial will and copies should be kept separate.
Keeping your estate planning files is practically as essential as making them in the very first location. If you go to the effort of making an estate plan it is very important to ensure that the plan is performed and the very best method to do this is through making certain that your documents can be discovered. This suggests that you must inform the person you intend to carry out your estate as an executor or individual agent can in fact locate the documents when they are needed. You must inform only a relied on person where they are located so the incorrect person does not discover them, but also that the right person will be able to find them when the time is. A hidden will or living trust that is not found is the same as have no documents at all. An excellent hiding place is great but too good of a hiding location will prevent the documents from being discovered at all.