10/26/2012 11:58 am ET Updated Dec 26, 2012

Why Everyone (Except President Obama) Should Agree to Trump's $5 Million Offer

On Wednesday, ba-gillionaire Donald Trump made President Obama an offer he supposedly can't refuse.

If the president shows Trump his college and passport applications -- to somehow prove he's fully American -- Trump will donate $5 million to the charity of Obama's choice.

With less than two weeks to go in a heated presidential race, there's no way Obama deals with his passport just to appease The Donald.

For the rest of us, Trump's proposal isn't such a bad idea.

When's the last time you looked at your passport?

Has it almost expired? Has it already expired?

Anyone who's gone through the process will tell you it's no picnic trying to order a new one a week or two before you leave the country.

No, you won't snag $5 million for checking on your passport, but you may save yourself a lot of heartburn down the road.

Here's what you need to do.

If you can locate your passport and need a renewal, go here. You can do everything by mail.

If you never had a passport or lost yours, go here. You'll need to apply in person (my sympathies).

For routine (basic) service, it takes 4-6 weeks to receive one in the mail. If you need one in a hurry, it'll cost an extra $60 for expedited service and takes 2-3 weeks.

I know. The only thing worse than government paperwork is a double root canal. But it's way less stressful to deal with your passport now rather than eight days before you fly to Acapulco.

And while we're on the subject of critical life documents, here's two more you should dig up:

- Social Security Card
- Birth Certificate

If you need a new SS card, go here. For a birth certificate, the best place to start is your state's department of health.

But let's get back to the passport.

Trump told Obama that to receive the money, the president needs to show his papers by 5 pm on Halloween.

Oooooh. Spoooky.

So let's play by the same rules.

Use this next week to track down your passport and make sure you're good to go.

It won't make you $5 million richer, but it will make you wiser.

And that should count for something.

Any other vital documents we should locate? Do you think Trump's offer is ridiculous or genuine? After all, it is $5 million for charity.

Share your comments below!