What to Store in Safe Deposit Boxes

Perhaps you have grown with your mom or grandma telling you to always keep your valuables safe and intact. Thus, you have always thought of getting or renting safe deposit boxes where you can keep your precious possessions. However, there are some items that are worth keeping, and there are some that are not. What are the best items to keep in your safe deposit box, and which ones need to be placed somewhere else?

Keep the Following in Safe Deposit Boxes

The following are the things that you have to place inside safe deposit boxes:

1. Copies of your insurance policies and wills: Take note of the word "copies." There is a very good reason why the real ones should be kept elsewhere or, in fact, handled by someone else such as your lawyer. When you die, there's no one else who will be able to open your safe deposit boxes or have access to them unless you have left some instructions on what to do to a loved one or to your representative. The original copies will then be needed for processing. The copies, meanwhile, will just be for your own protection just in case you need to present proofs in some situations, and the original ones are not with you.

2. Details of your bank accounts, investments, and credit cards: A good investor or even a responsible home owner would keep track of important information pertaining to his bank accounts, investments, and credit cards. These may include numbers, signature specimens; check books, certificate of deposits, stock certificates, and a lot more. You may want to keep them in safes to ensure that there will be no one who will be able to have access to your money. You can just mention in your last will about these details, so your loved ones may be able to use your funds when you die.

3. Divorce decree and marriage license: Your marital status matters, since there are some benefits that are only given to married couples, such as your right to your spouse's estate. Should you go through a divorce proceeding, you also need to present a marriage license. Though these documents will be the last things burglars will be hungry for, you may still want to place them in safe deposit boxes to ensure that no one will make a claim using your papers or just so you would not be able to misplace them. The same goes with the birth certificates of your children.

4. Heirlooms and savings: Heirlooms and your savings are personal assets. The former are not only the most treasured pieces of the family, but they can be of high value when the right time comes. Your savings, meanwhile, can be utilized when you don't have enough cash on hand.

You can improve your safe deposit boxes to include security features like time-delay locks or combination door locks. If you can't open them, you can just call a locksmith. He is well versed when it comes to such problems.

Imaculate Johnson is the professional writer who loves writing on a variety of topics. Currently she is working for many business and companies. She is writing for professional locksmith services for a long time to help people choose a better service. She also writes extensively on how to secure your wealth and other valuables. She also writes with nick name Ima Johnson.

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