Legal Question in Banking Law in Illinois

If two people are listed on a safe deposit box in a bank and they both pass away at the same time how can their family survivors open the safe deposit box?


Asked on 9/25/17, 9:50 am

1 Answer from Attorneys

David K. Staub Staub Anderson LLC

The Illinois Safety Deposit Box Opening Act provides specific procedures for opening a safe deposit box where the last of surviving joint owners has died. The exact procedure depends upon a variety of facts. Without knowing your specific facts, rather than make assumptions about your situation or discuss all the possible scenarios under the statute, I suggest you look at the statute and find your answer there based on your own situation.

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Answered on 9/27/17, 7:00 am


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