Content Overview
- Summary
- Who Has Access To A Safe-Deposit Box?
- What Happens To A Safe-Deposit Box On The Renter's Death?
- What Should Be Stored In A Safe-Deposit Box?
- What Should Not Be Stored In A Safe-Deposit Box?
- Additional Tips About Safe-Deposit Boxes
- What If The Bank Fails?
- What Is The Procedure For Renting A Safe-Deposit Box?
Safe Deposit Boxes
Who Has Access To A Safe-Deposit Box?
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Only the people you designate in writing with the bank or other institution have access to your safe deposit box while you are alive.
Consider adding a friend or family member as co-signer or deputy so the contents of the box can be accessed when needed - especially if you become incapacitated or travel.
The situation changes after the bank or other institution is notified of the death of a renter. See the next section.
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