Having a safe deposit box is a very useful thing. If you tend to lose important items in your home, storing these in a safe deposit box in the bank may be very helpful. Keep in mind that you should only store valuable items that you don’t need to access regularly.
You will have a key to your safe deposit box, and it is important that you decide who else should have access to it as a co-lessor. An executor to your will may eventually get access to it after you die, so check with your attorney on this when writing your will.
Although some items should be stored on your property or in a firesafe box in your home, a safe deposit box is a great place for the following items.
Items to Store in a Safe Deposit Box
Important contracts & business papers
Valuable jewelry, stamp or coin collections
Social security cards
Copies of wills & trusts
Home inventory list
Stock & bond certificates
Back-up external hard-drives
Bank & investment account numbers
Diplomas & education transcripts
Credit cards & account numbers
Any other hard to replace items
Although in most cases, the original documents should be stored in a safe deposit box, you should make a copy of everything and store that in your home where it is easily accessible in case the information is needed.
Safe deposit boxes are a cost effective way to protect your valuables and important records off site, and protect you and your family in case of an emergency. Please store the key in a place you’ll remember!
If are located in the Raleigh, North Carolina area and need assistance gathering important documents and organizing them to be stored in your safe deposit box, please contact On Task Organizing about our hands-on organizing services.