If you own a home and do not have a security safe, you should highly consider purchasing one. The investment you put into your purchase can give you peace of mind and could in the long run save you from unnecessary misfortune. Choosing a fireproof safe is generally recommended, as they provide added security and protection from fire. There are a variety of types of fireproof safes ranging from small portable ones right up to large cabinets. No matter which you choose, a safe can be placed just about anywhere in the home. Let’s take a look at some of the compelling reasons to make such an investment.
Sometimes a Safe deposit box for sale is forgotten for decades. About seventy years after the criminal mastermind and reputed billionaire Al Capone died in prison, a closed bank that he once owned in Chicago was found to have a long forgotten, secret locked underground vault registered in his name. His money had never been found. A national television network bought rights to show the drilling and re-opening of this vault ‘live on TV.’ Many people, myself included, tuned in for the grand opening. We thought it would be an event to equal the discovery of King Tut’s fabulous tomb in Egypt. What happened? It was a good show with a let-down for an ending. Apparently, someone with a spare key to Al Capone’s safe deposit facility had arrived there first. Nothing of the slightest interest was in the vault.
You should have either a video, a set of digital photos on a thumb drive or a set of paper photos to use as evidence in case your house burnt completely to the ground and insurance had to replace everything. A written inventory kept in a bank deposit box is not considered evidence. If you keep CDs or a thumb drive in your fireproof safe, make sure it is rated to protect them – there are separate ratings of ‘fireproofness’ for paper and for computer data, which is ruined at a lower temperature.
We all want to collect money – the more of it, the merrier! What you need to know is that your homeowner’s policy wants nothing to do with your money – or almost nothing. The policy has a dollar limit on money, typically $200. That’s $200 for everything – not just what’s in your wallet. If it even looks, tastes, or smells like money, it’s included in the $200 limit – for example, banknotes, bullion, gold, silver, platinum, coins (including coin collections), and medals.
Potentially hazardous chemicals. Most people probably understand that movers will not accept most gases, oils, or solvents. Other moving non allowables include children’s chemistry sets, fertilizer, fire extinguishers, nail polish, matches, pool chemicals, and SCUBA tanks. Give these items away to trusted people or find out the best way to dispose of such chemicals. It is not safe for you to take such items on the road with you.
Begin to work out the disposition of the personal property with the heirs. To protect yourself as the executor, consider recording all conversations you have with anyone while you work as executor. Also, consider making detailed inventories of personal property, and require heirs to sign off on all property when they take possession of it.
The scam begins with a con man posing as a broker. He convinces the asset owners to issue a SKR and give him the power of attorney. He may also suggest that the owner get another safe keeping receipt on the original receipt. This does absolutely nothing but give the asset owner a false sense of security. The “broker” now has complete access to the asset, whatever it is. The theory is that he is to only access it for investment purposes, but as he is dishonest, this is likely not the case. To avoid a situation like this, check out a new broker thoroughly using every resource available. For more information on investing in investment opportunities usually or normally not found in the marketplace, click here!