If your records are accurate and organized you can:

• prove a bill or debt has been paid.

• save time and reduce stress by not having to search for certain papers.

• show legal proof of events (marriage, birth, divorce, custody, death).

• prove ownership (purchase/sale of property/goods/services).

• provide evidence if official records are lost or destroyed.

• dispute errors in bank, credit card, billing, or other statements.

• document claims to insurance, annuities, Social Security, or veteran's benefits.

• be timely with the payment of fees, premiums, or interest.

• make appropriate decisions in time of emergency.

• help your executor administer your estate as you wish it done and save hours of potential labor fees in assembling your estate's assets and liabilities.