You know the items that you have that are really irreplaceable?
Right now I keep my sons paperwork in a fire and waterproof briefcase at home. Would a safety deposit box be safer? These documents cannot be replaced– how “safe” are safety deposit boxes?
Repossession
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Yeah, I would say a safe deposit box is the best idea, that way it wont get damaged (as long as you seal them in a water proof and air proof bag) and nobody can see them by accident. not sure how much the rent on those things is though.
I would say they’re about as safe as they are in your home. Just remember- you go on vacation and leave the house unattended. The banks don’t.
And if someone entered your house to rob it the odds of them stealing something that’s yours is 100%. At the bank there is a lot of people’s stuff. The odds of them taking yours is significantly lowered.
The cheapest and safest place to keep important papers in your home is the refrigerator.
Contents of them will not burn in a fire. Stick them down in the crisper drawers at the bottom. Its not secure as far as theft or confidentiality but if you are not worried about that and you are the only one opening your frig then put them there. No need to pay for a safety deposit box or buy a fire proof safe.
No one is going to steal paperwork with no value to them so theft shouldnt be a factor. If a robber is in your home then they are looking for money, jewerly, and electronics. Not adoption papers, mortgage papers, birth certificates, etc.
We have scanned copies of everything on DVD and our paperwork is in a fireproof safe. We also scanned everything and sent it to our agency (which has been around for 50+ years) so they also have a copy as well.
I don’t have an adopted child but I keep my important papers in a fire proof safe. My grandparents have used safety deposit boxes for years and have never had any problems with them. I think they are safe just a little inconvenient if you need your papers during hours the bank isn’t open.