Liabilities - Money or debts you owe to others.
Personal Property Inventory - a list of the valuable items you own, along with their purchase prices and approximate current values.
Tax Records usually include the tax return itself, W-2 forms, and other receipts verifying income and expenses listed on each return.
Legally Binding Agreements
Once you grow older and your finances become more intricate, you will likely enter a various amount of legally binding agreements. Learn more about legally binding agreements here.
Contract - a legally enforceable agreement between two are more people.
Other common legal agreements will include;
- Credit accounts
- Mortage loans
- Rental agreements