Photos, Receipts & Proofs: Build a Clean Asset Register in Australia

Published 8 Oct 2025 • General information — Not legal advice

Insurance, resale and probate all move faster when you can prove what you own. A tidy asset register—with photos and proofs—turns “stuff” into clarity.

Quick answer (2-minute guide)

  • Capture essentials: serials, purchase info, current value, photos, receipts.
  • Photograph clearly: whole item + close-ups (labels, damage, serials).
  • Use categories: house, vehicle, jewellery, electronics, instruments, crypto custody notes, etc.
  • Update annually: and after major changes.

What to capture for each asset

  • Identity: name, model, serial, purchase date and price.
  • Proofs: receipts, invoices, appraisals, warranty docs.
  • Value: estimate or appraisal notes; replacement vs resale where relevant.
  • Location & care: where it’s kept, service schedule and key contacts.
  • Photos: at least one wide shot and one close-up of serials/marks.

How to photograph items

  • Use natural light where possible; avoid heavy shadows.
  • Photograph the whole item, then close-ups of labels and serial numbers.
  • Include scale (e.g., a ruler) for small items.
  • Document condition: any wear or damage helps with claims and resale.

Smart categories to keep it tidy

Suggested categories and notes
CategoryExamplesNotes
House & contentsFurniture, appliancesInclude model, purchase year, receipts
VehiclesCar, bike, boatRego/VIN, service history, insurer
Jewellery & watchesRings, heirloomsAppraisals and close-ups for detail
ElectronicsLaptops, camerasSerials, warranty, accessories
Instruments & toolsGuitars, power toolsCase numbers, attachments, marks
CollectablesArt, coinsCertificates and provenance notes

When to update values

Update annually or when you buy/sell something major, get an appraisal, or items are damaged or upgraded. Keep proofs attached so claims and sales are straightforward.

How LifeVault helps

  • Add an Asset: category, value, notes and photos in one place.
  • Attach proofs: receipts, appraisals and warranty PDFs.
  • Export a summary: share with an insurer, accountant or executor when needed.
  • Security: vault lock and SensitiveGate on sensitive screens.

Related: Listing assets in a willSecrets vs DocumentsExecutor basics

Frequently asked questions

Name, category, serials, purchase info, current value, photos and proofs.

One wide shot, plus close-ups of serials and unique marks, in good light.

Only for high-value items where it helps with insurance or resale.

Yes—export your list with photos and values as needed.