A safety deposit box is a box held at your bank which only you or a specific designated person can open. Most banks offer their customers access to safety deposit boxes.
A safety deposit box is good to have because you don’t want to keep important papers and documents lying around the house. They could easily be destroyed in a fire.
We suggest that you keep important documents such as car titles, deeds, wills, trusts, durable power of attorneys and estate planning documents in a safety deposit box. However, it is important that someone knows about your safety deposit box and knows where to find the key.
A Pennsylvania estate planning attorney at Unruh, Burke & Frees can advise you on what documents you should keep in a safety deposit box and the laws that govern access to your safety deposit box in the event that you pass away. We can even work with you to prepare all of your trust estate and wealth preservation planning needs.
To find out more about safety deposit boxes and about preparing your estate and wealth preservation needs, you can order a free copy of our informative guide, Enhanced Estate Planning: What You Need to Know About Hiring An Attorney & Creating A Plan That Works. https://www.paestateplanners.com/
