Important Papers – What to Keep & For How Long

By | January 23rd, 2020|Categories: Home Organization, Paper Management, Storage|Tags: , , , , , |

As a professional organizer I’m frequently asked about how long to keep important papers. There is no catch-all answer to this question.  The IRS states - The length of time you should keep a document depends on the action, expense, or event which the document records. There is a different answer for each document.  Some need to be kept forever and others have a life cycle. Going back to the basics for a moment, important papers are documents that include your personal information.  They are considered legal documents. Some documents contain your social security number, others contain account numbers and other [...]