This is when we all start getting those emails that want to steal our secret codes and passwords. You know the ones: “Your Account Is About To Be Closed,” “There’s A Block On Your Account,”, “Congratulations – You’ve Won The Lottery (that you never entered).”and my favorite “Could You Help Me Claim My Funds?”.
I would not recommend storing vital documents such as your will, birth certificate, etc. in the Memory Box. Those items should either be stored in a Safe deposit box for sale at the bank, or at home in a fire resistant box (remember, there is no such thing as a fireproof box for the home!). Some people store their vital documents in a regular file folder in their filing cabinet, and keep copies (or the originals) in a separate location. In the event that an emergency causes a very quick evacuation, the people and pets go out first, followed by the vital documents, and then the Memory Boxes.
People look to secure their money by investing with a small return, if possible. So in a deflationary environment, the options are gold and government bonds. The precious metal is an option because it is real money and the bonds are an alternative if the government’s finances are secure.
Those are the basic documents you should keep… a lot of people also keep copies of credit cards (both front and back photocopied) and passport photocopies for yourself and all your family members. Another good idea is to keep pictures of all the major asset you own, including your house and your boats and RVs, and things of this nature. Keeping pictures of these things is important if you ever need to make an insurance claim of any kind.
Since there are so many different types of safes, you need to think about which option will work best for you. You can choose among burglary, fire, non-fire, and wall safes. Each type of safe has special benefits.
File the Will with Probate Court. Each state has laws that state the time requirements for filing a will after the death of the testator. Usually it is 30 days, but find out your state’s law.
Traveling overseas requires extra attention to security. You should “sterilize” your luggage by removing all logos, stickers and claim checks that will identify you as an American. Limit your exposure time in airports by arriving with just enough time to check your bags and get through the metal detectors about ten minutes before boarding the plane. When traveling in any foreign country, maintain a low profile. Avoid large crowds and groups of tourists as they are considered easy targets by terrorists. Try to observe local customs with regard to dress, behavior, etc., and be a polite, considerate guest.