Buy a Fuji Scansnap IX500 and a heavy duty guillotine paper cutter. Build a first class digital library that some lucky soul inheriting your documents all nicely scanned onto a thumb drive will thank you for. The scanner comes with software that does optical character recognition, so all of your documents become quickly searchable. The scanner has a sheet feeder so you can do other things while it does the work. Keep the really precious mags/books (author autographed, etc.) in paper form but scan the rest.
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