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Safe Deposit Boxes

What Happens To A Safe-Deposit Box On The Renter's Death?

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In most states, boxes are sealed upon death and cannot be opened until an official representative can be present - a process that generally takes at least several weeks. Other states allow boxes to be opened without the presence of a representative only to find a will. Some states allow unrestricted access. A bank official or your lawyer can tell you the law in your state.

If you don't want your safe-deposit box to be sealed upon your death, consider using an entity such as a corporation to rent the box. Generally, safe-deposit boxes registered in a corporate name are not sealed upon the death of a principal.

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