If you have important documents, you might want to take extra precaution and use waterproof covers to ensure protection. However, no space is entirely safe from natural disasters or other emergencies. Furthermore, most typical safe deposit boxes require two keys to open. They are found in the banks vault and require identification to access. Things you should store: birth certificates, meaningful jewelry, or other personal papers.

Having access to the box during bank hours limits what you should put inside. These items might require immediate access in cases of emergency. For example, you should not store passports, medical directives, or revocable living wills. Because you can only access your box during bank hours, it is recommended you only store items that do not require immediate access. Morgan Self-Directed Investing BonusesĪs stated before, safe deposit boxes are used to store valuables and important documents. Best Bank Promotions With No Direct Deposit.and it sounds like the way to go anyway, unless for some reason you need to worry about the lawyer. He says few people go to this extent to protect their heirs but my situation is complicated so that was his recommendation. Which is obviously the way to go, if you want to ensure the intent of the will. Odd to put it that way, because Probate Court will merely keep it in a secured file cabinet. It's the will's intent that is in issue the paper is just the recorded representation.įor a Will, he said that in our County, the Probate Court will keep the original in a box for you for a small fee. You can make multiple copies, and as long as they're signed (with optional notarization), the last properly written one generally takes precedence in court.

The only time a will's 'safety' is at issue is when its existence 'needs' to be concealed. I suspect you're either misunderstanding his instruction, or he's selling something. My Attorney said not to leave it in a safe at home nor in a safety deposit box. Here, please treat others with respect, stay on-topic, and avoid self-promotion.Īlways do your own research before acting on any information or advice that you read on Reddit. Get your financial house in order, learn how to better manage your money, and invest for your future. Banking Megathread: FDIC, NCUA, and your cash.Private communication is not safe on Reddit. Scam alert: Ignore any private messages or chat requests.

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