Definition - What does Valuable Papers mean?
Valuable papers are papers that are important to the proper carrying out of a decedent's will. This term is commonly used in estate law.
Valuable powers can include the actual will itself, the power of attorney document, letters to be opened after death, titles, stock certificates and a number of other papers.
Justipedia explains Valuable Papers
Valuable papers are often documents that have strong legal implications. Without these documents, it may be very difficult to carry out the last wishes of a decedent.
Because valuable papers are such important items that can often represent a lot of money, there is even insurance that people can buy to protect against losses associated with the loss of these papers.
Usually, people who believe that they may die soon try to organize their valuable papers to make sure that they are easy to find and access following their death.