When you have a safety deposit box, it’s important to ensure that someone can access it on your behalf, similar to sending someone to pick up pizza for you. In the past, banks did not offer this option, but now private centres like Stonewall Vaults make...
Yes, a safety deposit box can be traced, but here are two things you should note: Firstly, how anonymous is your box to external and unauthorised parties? Secondly, can box owners claim their box items if anything happens to a centre? While anonymity is not...
What happens to safe deposit boxes and their content when someone dies depends on whether they had a joint owner. Or made their last Will while they were alive. Assuming you’re the owner, first, is the box jointly rented? If not, do you have a Last Will? In this...
Asian gold theft continues to ‘trend’ across the country, with police regularly warning families to keep their valuables extra safe. In fact, recent figures show that over five years, more than £140 million of Asian gold jewellery was stolen across the UK. What’s...
Only an authorised person, a joint owner, or someone with a key can access your safety deposit box. There are exceptions where you and your joint owner become incapacitated or even die. Then an executor or your heirs can have access but if they meet certain...
With prices soaring and many banks ceasing the provision of safety deposit boxes. Purpose-built vaults by independent providers are springing up. Leaving people with concerns about the cost of a safety deposit box. If you’re looking to rent one for the first...
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