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Any problems with a will in a safe deposit box?

Anonymous

∙ 16y ago

Updated: 9/16/2023

The will is needed for probate. Safe deposit boxes are often sealed at death until probate is concluded. That complicates probate.

Wiki User

∙ 16y ago

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Related Questions

Is it a safety deposit box or safe deposit box?

safe deposit box

Is a home safe as secure as a bank safe deposit box?

No. Definitely not. A Banks safe deposit box is much much safer than a safety deposit box in a home.

What are the dimensions of a safe deposit box?

certificate of deposit

Can a bank freeze your safe deposit box if i go into foreclosure?

No. The Lender probably doesn't even know you have a safe deposit box.

Where can I get a cheap safe deposit box?

You can get a cheap safe deposit box on amazon.com. If it is over 25 dollars you get free shipping. Free shipping is the best! Or you can go to your bank and purchase a safety deposit box.

What is a safe deposit receipt?

A safe deposit receipt is a receipt for the payment of renting a safe deposit box at a bank. Some banks charge a monthly fee for this type of safe.

Is a safe deposit box tax deductible?

No, safe deposit box fees are not tax deductible for individuals as of 2018 due to changes in tax laws.

What bank with a safe deposit box is trustworthy?

The Dollar Bank or HSBC bank offer safe deposit box for it's customers. They are very secure with a very high level security and monitoring system. The price of owning a safe deposit box is reasonable as well!

How do you find out if your husband has a safe deposit box?

Ask him.

How can I find about more about safe deposit box?

More information about safe deposit boxes can be found at financial sites like Bankrate or the FDIC website. A safe deposit box is typically used for difficult to replace items and for privacy and security.

What is the main purpose of a safe deposit box?

The main purpose is to keep your valuables safe and out of your house where they could be stolen, or destroyed by water, fire, etc., A safety deposit box is kept in a fireproof area in the bank and is certainly safe from theft. In Canada the amout you pay for a safe deposit box is tax deductable.

How much does it cost to rent a safe deposit box?

It costs me $50/year to rent the smallest safe deposit box available at my local Bank of America branch.

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