Colors of the Rainbow and Their Meanings. The rainbow is a beautiful natural phenomenon; knowing the significance of each of the colors of the rainbow makes it even more beautiful. While Nature or God has created this glorious natural phenomenon; philosophers have given a meaning to its colors.
Minimum Length of Time. Keep the records and papers for any settled estate for at least seven years, if an estate tax return was filed. That is the Internal Revenue Service recommendation for any financial transactions. Under IRS rules, that is the end of the statute of limitations for any kind of auditing.
It is common for the attorney who prepared the original Last Will to still hold the original for safe keeping. However, NH law requires that the original be filed or deposited with the executor or the probate court in the county of the decedentâs residence within thirty days. Depositing the Last Will with the court does NOT commence the probate process with the court.