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When Your Heirs Can Expect To Get Their Money Or Other Asset

Safe Deposit Boxes

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In most states, as soon as a bank learns of the death of a box holder, it must seal the safe-deposit box and prevent entry by anyone until the court appoints a representative for the estate.

The box is then opened in the presence of the taxing authority as well as the named beneficiary or co-owner of the box, if any. This can take weeks or months or even longer.

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Safe Deposit Boxes

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