ANSWERS: 5
  • That would seem logical - however it's an important question that is worth a call to your bank to check. Google the name of your bank and you should find a phone number easily. . -nosie
  • ive never heard of a safty deposit box that list the content of the box i would take it all
  • If it had your name also, you have every legal right to the box, provided you show the bank a Death Certificate. A will isn't required since your a joint owner.
  • You have every right to enter the box. Note however, that some of the contents could be considered in the deceased's estate or as gifts to you which would then involve gift tax issues, possibly. Since contents of the box are not tracked by the bank, the best thing to do is take the contents and not report anything. It's technically a violation by not reporting anything, but reallistically, the IRS can't trace it, unless of course you leave a paper trail where they can trace new highly valued assets back to you.
  • You have the right to enter the box, but that does not automatically make the property yours. The property still has to go through probate.

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