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There’s a long list of documents that you need to safeguard in the event of a catastrophe including family papers such as birth certificates to financial documents to legal https://1dataroom.com/how-tax-structuring-effects-ma-deal-structure documents such as wills. But how do you ensure that these important documents secure?
Make an inventory, create extra copies and keep them in a secure place. These are the best ways to secure your important documents. It is also recommended to use cloud-based document storage like password-protected, external hard drives cloud-based platforms or secure document scanners that will provide an encrypted digital copy.
Physical filing systems are an effective method of protecting documents, especially when they are fireproof. There are numerous options on the market, from small safes that are fireproof for use at home to larger ones that are designed to store file cabinets of hanging folders. If you’d rather not be burdened by managing physical filing cabinets, consider a virtual solution such as Shoeboxed which can digitize the receipts and expense forms to make it easier to receive reimbursement quickly, maximize tax deductions and perform your accounting.
A fireproof safe is among the best ways to make sure your important documents are safe from environmental damage and theft. There are a myriad of options from small safes that can be hidden in the back of a closet, to larger safes that are designed to withstand extreme temperatures and protect your belongings during a flood. Honeywell 1104 for instance can preserve documents in extreme heat for up to one hour and can keep water out (water is used to put out the flames). A smaller safe is more affordable and easier to transport than the larger safe. Some are also waterproof for added security.