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  • Important Document Series-What to Save and When (Part 3 of 4)

    Posted in Board Brief, KTFCU News on Jan 15, 2025

    The key to good document control is to know how long to keep them, how to securely store them and how to safely dispose of them.
    In this edition, we look at documents to consider saving 3 years or more:

    • Tax Returns (minimum three years and preferably seven years)
    • Home Purchase Documents (seven years after selling your home)
    • Home Capital Improvements (save as long as you own your home)
    • Home & Product Warranties (keep until warranty expires)
    • Investment Statements (save seven years after sale of investment)
    • Insurance Policies (keep the most current until policy expires)
    • Loans (keep most recent s...

  • Important Document Series-Keep & Save Indefinitely (Part 2 of 4)

    Posted in Board Brief, KTFCU News on Dec 18, 2024

    The key to good document control is to know how long to keep them, how to securely store them and how to safely dispose of them.

    In this edition, we look at documents to be considered saving indefinitely:

    • Property Documents (titles, deeds, surveys, assessments & appraisals)
    • Social Security Cards
    • Education & Military Records
    • Estate Planning Documents (advance directives, power of attorney, wills, trusts, etc.)
    • Up-to-Date Beneficiary Designations (for all financial assets)
    • Birth, Marriage, Divorce & Adoption Certificates
    • Travel Documents (currently valid driver’s license, passport, nexus, et...

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