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How long do I keep elderly parent paperwork?

I am downsizing to a tiny house. How much of my parents paperwork do I need to keep. My Dad passed in 2010. My Mom is in hospice now. How do I find the rules for this?
Status: Open    Jun 03, 2016 - 08:32 AM

Elder Law, Finance

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Jun 05, 2016 - 11:45 AM

You probably want to hang on to it for a good 10 years after your mother dies. You never know if someone is going to come out of the woodwork and make a claim including the government. While most of the time these claims never go anywhere, it's good insurance. However, you probably don't need the originals of most of this. Get a good printer/scanner and start digitizing the stuff and toss the originals in the shredder. Originals like birth certificates and ID and house deed transfers you want to keep, stuff like invoices can be digitized.

Jun 09, 2016 - 08:03 AM

I agree at minimum 10 years. But I do recoomend you may consult with an elder care attorney or financial planner for help and to prioritize what should be kept. They may also have a list of what is considered important to keep.
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