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#1261374 - 10/03/09 02:49 PM Beneficiary on a safe box?
Anonymous
Unregistered

I am new to banking so i wanted to ask. Can a safe box owner name a beneficiary outside their will for their safebox(like a POD account has)? I understand joint ownership as an option but can't quite grasp this idea.

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#1261434 - 10/04/09 08:12 PM Re: Beneficiary on a safe box? Anonymous
Anonymous
Unregistered

Bump

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#1261481 - 10/05/09 01:08 PM Re: Beneficiary on a safe box? Anonymous
RBanker Offline
Power Poster
RBanker
Joined: Jul 2003
Posts: 2,675
Austin Texas
No, no more than they can name a beneficiary on their house - when they decease it becomes part of the estate and must be handled as such.
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