If an original legal document is misplaced or lost, it is no longer legally binding. Therefore, you must ensure your documents are securely stored.
Loss of items such as wills, contracts or deeds could result in further legal fees to reinstate original documents.
Managing Partner Andrew Bryan said that most people know they need to keep their legal documents secure, but do not realise the consequences of losing the original copy.
Andrew added: “Photocopies, scans or digital copies of documents are not deemed legally valid. You must be confident the original copy of any will or deed you make is filed safely and securely at all times.
“Some people believe that a photocopy is enough, but they could be making a rod for their own back if they’re unable to track down the original copy.”
If your chosen law firm closes down, an alternative law firm must securely store the documents instead.
He added: “We store documents for lots of people across Hampshire and the Isle of Wight and it is a much safer option than looking after them yourself. We would always recommend you store your legal documents with a trusted law firm local to you. “
At Churchers, we have a wide range of offices across the south coast and Isle of Wight and can assist with a wide range of legal matters, including wills and lasting powers of attorney.