This order goes along with a petition for an order to open a safe deposit box of a decedent. Whether your will should be in a safe deposit box at a bank or elsewhere, such as with your attorney, depends on what your state law says about who has access to your safe deposit box when you die. The recent trend in many states is to make it relatively easy for family members or the executor to remove the will and certain other documents (such as life insurance policies and burial instructions) from a deceased person's safe deposit box. In those states, it might be a good idea to leave your will in the safe deposit box. However, in some states, it may require a court order to remove the will, which can take time and money.
Kansas Order Authorizing Petitioner to Open Safe Deposit Box of Decedent
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FAQ
(3) Qualified person. ? A person possessing a letter of authority or a person named as a deputy, lessee or cotenant of the safe-deposit box to which the decedent had access.
Pros and Cons Unlike bank accounts, the contents are not ensured. Safes can only be accessed during the bank's business hours. Contents can still be lost due to fire, flood, or other disasters.
Can a safety deposit box be traced? Yes, this can happen only on rare occasions when a safety deposit box owner is suspected of a crime or dies. A safe deposit box is an essential feature in everyone's financial life.
A Deputy is someone who can act on your behalf to access the box in your stead. The Deputy designation can be changed at any time by you with written notice to the bank. A Deputy's authority ceases upon your death. If you own your safe deposit box individually, you may wish to appoint a Death Designee.
When you lose the key to your safety deposit box, you'll need to contact your bank as soon as possible. They will likely need to drill into the lock so you can access your goods. Some banks can also give you a replacement key you can use if you don't need to access your box right away.
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.
What makes a safe deposit box unique is that it often requires two people to get it open simultaneously, the renter and a bank attendant. Usually the renter holds his key called the renter key and the bank attendant holds a key called the guard key.
The safe deposit box is a long, narrow metal box with two keyholes, and the only way to unlock it is by using both keys at once.
