The conventional wisdom is to put your loved ones on the safe deposit box or title the box in the name of your living trust. The problem is, when you die your loved one goes to the bank and says, “My mother died and I have to get into the box!” That’s when everything stops and they are not allowed into the box without a lot of hassle, and sometimes a probate. So we advise out clients to get rid of the box before you die. Make sure your loved ones know where your estate planning binder is and make sure we at Spees Law have a copy of all documents for safekeeping, in case yours becomes lost. Again, get rid of the Box!
Get rid of your Safe Deposit Box
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Kristen (Spees) Marchello is celebrating 10 years in business and the arrival of a new baby! Currently on maternity leave and not taking new clients. Current clients please email: Marchellolaw@gmail.com
Have you updated your Trust since 2004?Have you updated your Trust since 2004?
DOES THE NAME TERRI SCHIAVO RING A BELL? All of us watched the unfortunate events on the news BACK THEN involving one family’s struggle with the right to die with dignity.