Yes, absolutely. While many documents aren't required for your annual tax return, they are essential for other critical life events, such as insurance claims, applying for loans, legal disputes, or estate planning.

You should maintain a permanent file for the following categories:

• Vital Records: Keep original certified copies of birth certificates, marriage licenses, divorce decrees, and death certificates. You will need these for Social Security benefits, passport applications, and settling estates.

• Legal & Estate Documents: safeguard your Will, Living Will, Power of Attorney, and Trust documents. These are vital during medical emergencies or end-of-life administration.

• Medical History: Keep records of immunizations, major surgeries, and comprehensive family medical history. These are often required when changing doctors or enrolling children in school.