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<p>[QUOTE="Jedinited, post: 7949986, member: 80224"]Since the deceased husband was the only title owner on the box, the ownership will be in his estate. If he had a will, the terms of that document will control, subject to certain limitations. The executor will be able to access the box after being appointed by the court. </p><p>If there is no will, an administration of the estate will be required and the assets of the estate will pass in accordance with the laws of intestacy (to the legal heirs) of that state. Once again, the court will appoint an administrator, typically a family member, who will have authority to access the box. </p><p>Another possibility is a decedent may have prepared a revocable trust. If the box is not titled in the trust, there is typically a will prepared that simply transfers any assets not already titled in the trust into the trust, in which case the successor trustee could access the box.</p><p>Unclaimed property only comes around when the owner of the box is unknown or cannot be contacted within a period of time per state law.[/QUOTE]</p><p><br /></p>
[QUOTE="Jedinited, post: 7949986, member: 80224"]Since the deceased husband was the only title owner on the box, the ownership will be in his estate. If he had a will, the terms of that document will control, subject to certain limitations. The executor will be able to access the box after being appointed by the court. If there is no will, an administration of the estate will be required and the assets of the estate will pass in accordance with the laws of intestacy (to the legal heirs) of that state. Once again, the court will appoint an administrator, typically a family member, who will have authority to access the box. Another possibility is a decedent may have prepared a revocable trust. If the box is not titled in the trust, there is typically a will prepared that simply transfers any assets not already titled in the trust into the trust, in which case the successor trustee could access the box. Unclaimed property only comes around when the owner of the box is unknown or cannot be contacted within a period of time per state law.[/QUOTE]
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