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You're better off keeping the following items out of your safe deposit box: Passports. Only copies of living wills, advanced medical directives, and durable powers of attorney. Valuables you have not insured. Cash. Anything illegal.
A home safe could be used to store replaceable items you may need immediate access to, such as a passport. But home safes are not as secure as safe deposit boxes. "A burglar could more easily break into your home and open the safe than get inside your safe deposit box at your bank," said Reynolds.
You're better off keeping the following items out of your safe deposit box: Passports. Only copies of living wills, advanced medical directives, and durable powers of attorney. Valuables you have not insured. Cash. Anything illegal.
The safe deposit box is a storage space you rent from the bank. Its contents are kept private, and the bank doesn't know what you put in there.
Some documents to consider keeping a safe deposit box are: Birth certificates. Marriage certificates. Title papers for your vehicle. Deed to your home. Important legal documents. Paper bonds and stock certificates.