In the United States, about 1 in every 13 people rent a safe deposit box, highlighting the significance of this issue. Understanding the rules and regulations governing safe deposit boxes in Florida is crucial for a smooth probate process.
Access to the safe deposit box depends on its ownership. Joint ownership allows immediate access to a surviving owner. If a safe deposit box is owned solely by the deceased or if designated beneficiaries exist, they must present proof of their designation. Under Florida law, specific parties can access the deceased's safe deposit box in the presence of a bank officer when a Personal Representative of the estate is not yet appointed.
