Order Safe Deposit Box For Sale
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
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FAQ
Safe deposit boxes are a good place to keep hard-to-replace documents such as contracts and business papers, military discharge papers, and physical stock and bond certificates, along with small collectibles and family heirlooms.
However, McGuinn warns, banks do not provide insurance for the contents of your safe deposit box, so you may want to add a scheduled personal property endorsement to your homeowners or renters insurance to make sure you're covered.
If the signers are spouses and the contents are considered their community property, the survivor likely owns the contents. However, for joint signers who are not spouses, whether or not the survivor owns the contents is unclear.
The Bottom Line Safe deposit boxes are an additional service offered at some banks. For an annual fee, customers can rent a box to store their valuables and important documents in the bank's vault.
If the property remains unclaimed and is classified as abandoned, the bank may be required to transfer the contents of the safe deposit box to the state treasurer or unclaimed-property office in a process called escheat.