Whose Name Is On The Safe Deposit Box? And how could it possibly go wrong?
This question came up in a client meeting this week, and I've had this same conversation dozens if not a hundred times, so I know this is an area that everyone needs to pay a little more attention to. The safe deposit box. This would be that little metal box at your bank or credit union, in a secure room full of such boxes, usually within a vault or giant safe (thus the name "Safe Deposit Box - it is a box in a safe in which you deposit your precious items or documents). These boxes can only be accessed by the owner of the box, or someone authorized in writing by the owner to access the box. In most cases, these boxes cannot be accessed after the owner passes away, unless...
Disclaimer: None of the information presented herein or in the Life & Legacy Estate Planning Podcast should be interpreted or relied upon as legal advice and no attorney client relationship exists as a result of presenting this material. As with all legal matters, you should review your specific circumstances with an attorney familiar with the details of your circumstances.
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