Destruction of records rules
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Who is responsible for managing records
Explain five methods of destroying records!
Personal Record Retention and Destruction Plan
Posted: Apr 01 2011 | Revised: Jun 12 2018
1. What is a record?
2. How long should I keep my records?
3.
How do I destroy records I no longer need?
1. What is a record?
A record is a document that can provide permanent evidence about a past event. Some examples of records include:
- Birth certificates, marriage licenses, and death certificates (also known as vital records)
- Bank and credit card statements
- Investment records and statements
- Military discharge papers
- Real property deeds
- Automobile titles
- Insurance policies
- Medical information
- Employment related documents
- Purchase receipts and product warranties
- Wills and powers of attorney
- Tax returns and documents
- Important correspondence
2.
Retention and disposal of records policy and procedure
How long should I keep my records?
You might be tempted to hang on to records permanently, especially if you’re storing them electronically. But, storing records you no longer need takes up space and makes it more difficult to find the records you need.
- Proof of title or ownership.
Keep active until you sell the asset
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