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<p>[QUOTE="clembo, post: 297060, member: 8033"]IF your money would fit into the safe deposit box why not just put it there?</p><p><br /></p><p>Next of kin has a signature card and key to access. Going by recollections of rules by my wife here so I may be wrong.</p><p><br /></p><p>If bank finds out you're dead before next of kin can get to it then it's frozen - that means even a note telling them where your stash was would be frozen as well.</p><p><br /></p><p>Now, if you trust your relatives enough why not just tell them where it is or even leave it with them in a large padlocked box.</p><p><br /></p><p>Believe me I'm not just out to knock your proposal. Last Christmas my mom showed me where she keeps her bank savings book which has my name on it (I never knew). She said if she goes suddenly I am to close the account and dispurse funds BEFORE they know she is gone.</p><p><br /></p><p>Kind of morbid as my mom is a VERY healthy 75 year old woman.</p><p><br /></p><p>What is scary though is that the government, for some reason, thinks that money my mom saved belongs to them![/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 297060, member: 8033"]IF your money would fit into the safe deposit box why not just put it there? Next of kin has a signature card and key to access. Going by recollections of rules by my wife here so I may be wrong. If bank finds out you're dead before next of kin can get to it then it's frozen - that means even a note telling them where your stash was would be frozen as well. Now, if you trust your relatives enough why not just tell them where it is or even leave it with them in a large padlocked box. Believe me I'm not just out to knock your proposal. Last Christmas my mom showed me where she keeps her bank savings book which has my name on it (I never knew). She said if she goes suddenly I am to close the account and dispurse funds BEFORE they know she is gone. Kind of morbid as my mom is a VERY healthy 75 year old woman. What is scary though is that the government, for some reason, thinks that money my mom saved belongs to them![/QUOTE]
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