Your Safe Deposit Box- A Wise Investment
(Answers the Most Frequently Asked “Consumer” Questions)
Program Overview:
A safe deposit box is one of the most important consumer services offered by financial institutions nationwide. This service has grown rapidly over the years and it is estimated that over 30 million boxes are now rented in the United States.
Financial institutions consider the safe deposit clientele as their best accountholders. The safe deposit service provides box renters with the peace of mind and security needed to protect their most valuable assets. For just pennies a day, consumers can sleep better at night knowing that their valuable are protected in one safe place.
Questions regarding security, insurance, deceased renters, living trusts, payable on death provisions, storing money or guns in a box, automating “self service” boxes and other issues have caused great concern and confusion for consumers nationwide. During this presentation a nationally recognized expert in the area of safe deposit will provide clear concise answers to these complicated legal questions.
What You Will Learn:
Get answers to the following questions:
Who needs a safe deposit box?
Why are “home safes” really not safe?
Can money, guns or drugs be stored in a box?
What 70 items should be protected in your box?
How are financial institutions automating this service?
Should your rental contract be set up as a Living Trust?
Is your box waterproof, fireproof, bombproof or burglarproof?
Can a “payable on death” clause be added to a rental contract?
What happens to your box contents if you die or become disabled?
Are box contents insured by FDIC/NCUA or your financial institution?
Can you legally deduct your annual box rent on your income tax return?
Who Should Attend:
If you have real estate papers, investments, estate documents, coin or stamp collections, jewelry, stocks, bonds, company papers, military documents or other valuable items, you will benefit from the timely and informative presentation.