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Legacy Notebook: Vehicle Titles and Real Estate Docs

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Day 17 of the Legacy Notebook Series

Another easy day around here as we work through the final pieces of your legacy notebook.

We keep our vehicle titles, ownership info for non-titled equipment, and real estate ownership docs in our notebook. We find it easier having only one spot to look for any of this information. Previously we kept vehicles titles in one place and our real estate deed info in another and it was just a little hard to manage and keep track of that way.

Vehicle Titles
It is not a fun or quick process to replace a lost vehicle title and even less fun to try to prove ownership without a title. Those of you who have been down this path can relate. After living through the replacement title process for work, I became much more interested in the storage of our personal vehicle and trailer titles because I did not want to have to jump through those hoops ever again.

Gather up your titles and add them to your notebook. If your vehicles are financed, you likely won’t have the original titles to track down since in most states the titles are held by the lender as collateral. I suggest keeping any bill of sale paperwork or other ownership docs with the titles so everything is in one place.

Real Estate Ownership Information
We also keep our real estate ownership docs in the notebook (warranty deed, closing docs from the purchase of our home, water well logs, legal land description, etc.).

Today’s Action Items:

  • Add your vehicle and trailer titles to your notebook
  • Add any real estate ownership information to your notebook

thanks for reading,
Lesley

P.S. Looking for the rest of the series? You can find it here.


Stronger Wallet’s Legacy Notebook series information is intentionally general in nature and covers typical scenarios. You may have special circumstances that need to be considered. Always consult a trusted advisor before making big decisions about your financial legacy. Feel free to send me questions along the way at lesley[at]strongerwallet.com.

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The guide includes everything you need to get started: a cover sheet and divider pages to set up your notebook, an overview of each topic, checklists, worksheets, and writing prompts to guide you through the process.


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Hello and welcome!

My name is Lesley Jeffres Pearson. I'm a CPA with a Masters in Business Administration and a proud alum of the University of Wyoming. Go Pokes!

I'm the personal finance enthusiast, podcast junkie, numbers geek, and bookworm behind this site, which aims to help you get a handle on your finances so you can achieve your financial goals.
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