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Safety Deposit Boxs are NOT safe
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<p>[QUOTE="1865King, post: 7949704, member: 103207"]I don't know if the law has changed but, if not then there is something a lot of people don't know. Many years ago I found out that if the owner of a SDB dies the government first action is to seize the SDB. That's even if multiple names are on the box. If one person dies no one can touch the box until the government says OK. You have basically 24 hours to get into the box before the government takes it. This may not be a federal thing but, it could depend on which state the box is located in today. If there are no issues found you will get everything back but, that could take a long time. This doesn't mean that someone walks in the bank and takes it. What they do is put a hold on the box until the contents are reviewed.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 7949704, member: 103207"]I don't know if the law has changed but, if not then there is something a lot of people don't know. Many years ago I found out that if the owner of a SDB dies the government first action is to seize the SDB. That's even if multiple names are on the box. If one person dies no one can touch the box until the government says OK. You have basically 24 hours to get into the box before the government takes it. This may not be a federal thing but, it could depend on which state the box is located in today. If there are no issues found you will get everything back but, that could take a long time. This doesn't mean that someone walks in the bank and takes it. What they do is put a hold on the box until the contents are reviewed.[/QUOTE]
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