Posted by pinball on January 12, 2016 at 12:59:28 from (64.49.150.124):
In Reply to: Re: lock box items posted by Bob on January 12, 2016 at 10:29:19:
As far as I know in Missouri if some one dies the only person than can get to the lock box is a person who on the lock box file. That can be 1 or more persons. I believe no one can get into the lock box as long as there is a name of a living person on it. Basically I think if theres only one on the account then it belongs to him course depending if its paper work he may not be able to use it. If the box is not payed for by the living person then after a time period the state is notified, court order submitted and all contents turned over to them and they will notify the heirs. If you go to your state gov there will be a site for this. There is millions of unclammed property on there. Some are checks that weren't cashed but a lot is from lock boxes. But I would recommend you asking your banker. State to state is probably different. If you don't want that 3rd person to know then don't tell them. If your the 3rd person you probably shouldn't get in there without anyone else knowing. Laws are pretty precise on this. Regardless of what you have you should have a will and a named executor and that person should have a copy of it. Just make sure you get a good lawyer to write it up. Just my 3 cents worth. Norm
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