"A Legacy Drawer is a drawer in your house with all the important papers that your family needs if something happens to you. It contains everything: your last will and testament, insurance policies, funeral instructions, mutual fund statements, passports, budgets—everything that your spouse and family would need to know if you weren't around. It is also organized in such a way that a nine-year-old could open it up and find any given document in 30 seconds."
Some folks call it a Legacy Drawer:
"A Legacy Drawer is a drawer in your house with all the important papers that your family needs if something happens to you. It contains everything: your last will and testament, insurance policies, funeral instructions, mutual fund statements, passports, budgets—everything that your spouse and family would need to know if you weren't around. It is also organized in such a way that a nine-year-old could open it up and find any given document in 30 seconds."
http://www.daveramsey.com/article/legacy-drawer-is-your-family-prepared/lifeandmoney_relationshipsandmoney/