Renting a bank safe-deposit box can help secure important personal documents, collectibles and family heirlooms. But it's important to make wise decisions about what goes in the box and to stipulate who has access to it.
You probably shouldn't put your will in a bank safe-deposit box, many people do keep their will in the box. In such cases, a court order usually is needed to retrieve it once the safe-deposit box holder dies.
Common Queries and Questions
Who can access my bank safe-deposit box when I die?
If you legally appoint a trustee to oversee assets placed in trust before you die, that individual also would have access to the safe-deposit box upon your death.
An executor or executrix that you designated to handle your estate after you die would get access to your safe-deposit box, It's possible to speed that process in Malaysia by having a "temporary executor clause" in a will, In such instances, the executor can obtain a court order quickly after your death to access the box while your estate is going through probate.