| The contents of safe deposit boxes with
expired leases and no further rental payments or claims
eventually revert to state control, but dormancy periods
vary widely by state. Due to confidentiality concerns,
both on the part of owners and the institutions where the
boxes are located, this type of asset can be difficult to
trace. Because many states auction the contents of
escheated boxes after a number of years (although the
cash received may always be available for claim, items of
personal significance may be lost forever), prompt action
is necessary.
If you think a
deceased family member may have had a box but don't know exactly where
go to:
Safe Deposit Box Search
If
you know the name of the bank where the box was held, but
the branch has closed, it is possible the contents were
transferred to a successor institution. To
determine if this was the case, go to:
Bank Search
|