Hopefully you are a person who likes to think ahead when it comes to your estate litigation and how to best prepare your loved ones for when the day comes that your will or trust will be executed. One question you have probably asked yourself is how will they gain access to your safety deposit box if that is where you keep your important estate documents?
There are several ways that access can be granted either during your life or after you die. Of course after you die, it does become much more complicated and time consuming to access a safety deposit box. If you want to avoid the hassle, you can give access to someone while you are alive, but then that person would be able to open the box at any time. If you are concerned about this and prefer some more privacy then why not title the box into the name of your trust? If you are the sole trustee then your successor trustee should be able to access the contents of the box only upon your death.
Please consult with a professional estate litigation Attorney when you are ready to begin creating a trust or will.
*This blog entry was not written by an Attorney and should not be constituted as professional legal advice.