Reasons Why You Should Put Your Safe Deposit Box Rental in a Living Trust
Reprinted Courtesy of WSTNN.com First, I am not an attorney. Second, I am not giving legal advice. What I am doing is giving you suggestions on what you should discuss with your estate attorney. If you are reading this article, you most likely already know what a revocable living trust is, so I don’t need to mention anything regarding these trusts. Plus much of the information on living trusts can be found on numerous websites. Many people save their estate paperwork in their safe deposit boxes, including wills, trusts, powers of attorney, and so forth. Other items may be in the boxes such as jewelry, coins, stamps, gold, silver, collectibles, and cash. Don’t Let Your Safe Deposit Box Get Drilled Without Your Knowledge One issue you should be aware of. Apparently, banks have started drilling boxes and removing contents of boxes rented by customers without the customer’s knowledge, for which the banks claim that they din’t have all the account information o...