Where is the Best Place to Store Your Original Estate Planning Documents?
After you meet with your attorney to sign your estate planning documents, you need to secure the original documents for safekeeping. In order for your representatives to act on your behalf, they need access to these original documents upon your death or incapacitation. There are several ways that you can store estate planning documents to keep them safe and secure.
This seems to be the perfect place to store original estate planning documents because it is secure and safe; however, this could be a mistake. A safe deposit box at a bank or other financial institution is designed to be secure and private. The way the bank or institution guarantees that the documents will remain private and secure is to limit access to your safe deposit box to you and to anyone you designate as having permission to access your safe deposit box. Unfortunately, you may not want your appointees to have access to everything in your safe deposit box as long as you are alive and able to take care of yourself and your own affairs.