Safe Deposit Box Considerations
Stephanie Hartman Rojo, Esq.
Associate Attorney at Stone Law Offices, Ltd.
Nevada attorney Stephanie Hartman Rojo of Stone Law Offices, Ltd. details various Safe Deposit Box Considerations (and why you might just want to get rid of that box sooner than later) here:
Just because a safe deposit box might be free, doesn't mean it will be cheap to administer and close your box upon your passing! Few people understand that if you pass away owning a safe deposit box in your individual name, a court order is required to allow your executor/administrator to gain access to your safe deposit box.
Do yourself (and your executor/administrator) a favor and consider whether keeping your safe deposit box makes sense. Schedule a conversation with an estate planning attorney at Stone Law Offices, Ltd. at 702-998-0444 to schedule an estate planning consultation. We'll discuss alternate ways to title your safe deposit box to avoid a costly and avoidable Special Administration.
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