A type of security against possession of property until a debt has been paid. This is relevant to executors as any claims against an estate's property would need to be paid when a sale of the property occurs. Liens are typically in place when an owner loses a lawsuit, and the lien incentivizes the owner to pay the judgement. As an executor, a lien could be a red flag that the estate has additional legal proceedings to be considered when settling the estate.
What you need to know
How to open a loved one’s safe deposit box after they die
Opening the safe deposit box of your spouse or other loved one isn’t as easy as driving down to the bank. States often require multiple forms, and the laws depend on where you live. To make things simple, we’ve listed every state and what they require so you can open a safe deposit box quickly and easily.
Find your state’s rulesIn collaboration with
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