Updatable information folder

An apparatus for storing permanent and temporary information, the apparatus comprising:

• (a) a first folder including a first permanent information section adapted to receive permanent records, the first permanent information section having a first edge, and a first temporary information section removably attached to the first edge of the first permanent information section, wherein the first permanent information section of the first folder includes a first tab on its edge opposite the edge attached to the first temporary information section and a first permanent fold-out section attached to the edge of the first permanent information section opposite the edge attached to the first temporary information section, the first permanent fold-out section being adapted to be folded against the first permanent information section about the attachment between the first permanent information section and the first permanent fold-out section, and wherein the first temporary information section includes a first temporary fold-out section attached to the edge of the first temporary information section opposite the edge attached to the first permanent information section, the first temporary fold-out section being adapted to be folded against the first temporary information section about the attachment between the first temporary information section and the first permanent fold-out section;
• and
• (b) a second folder including a second permanent information section adapted to receive permanent records, the second permanent information section having a second edge, and a second temporary information section removably attached to the second edge of the second permanent information section, the first permanent information section of the first folder being adapted to nest within the second folder between the second permanent information section and the second temporary information section, wherein the second permanent information section of the second folder includes a second tab on its edge opposite the edge attached to the second temporary information section, the second tab being shifted relative to the first tab when the folder is nested within the second folder such that at least a portion of each tab is visible when the first permanent information section is nested within the second folder.

A method for storing and updating information comprising the steps of:

• (a) providing a plurality of folders including permanent sections and temporary sections, the permanent sections having tabs;
• (b) adding permanent and temporary data to a first folder on the permanent and temporary sections, respectively;
• (c) removing the temporary section from the first folder;
• and
• (d) inserting the permanent section of the first folder between the permanent and temporary sections of a second folder, with a tab convention that reveals the latest version.