Comments on: Can a co-owner cash a Savings Bond without the owner's permission?

by: Tom Adams

Fri, 21 May 2010 11:47:23 +0000

Kevin - If there are two names on your Savings Bonds then it must be one of those two people. If there's only one, then it must be you. Why do you think your Savings Bonds are being cashed?

Tom Adams

by: kevin

Thu, 20 May 2010 21:15:54 +0000

can u find out who cash your saving bonds

by: Tom Adams

Wed, 19 May 2010 14:49:10 +0000

Surin - No, you can't. A Savings Bond registration must have at least one name, for the owner, and can optionally have a second name.

The second name can be either a co-owner or a beneficiary. You cannot add a third name.

Tom Adams

by: Surin kaul

Wed, 19 May 2010 14:24:31 +0000

I have some EE bonds issued that have my wife listed as co owner.

Can I add my daughter as another co owner.
If so, would that be a taxable event.

Thanks

by: Tom Adams

Fri, 07 May 2010 14:17:25 +0000

Chris - If your mom was a co-owner she had the legal right to cash the bonds without your knowledge or permission and keep the funds herself. She has no legal obligation to pay you back.

You should take her offer to pay you back as the gift that it is. You could give a similar gift to her (and to yourself) by being a little more forgiving.

Tom Adams

by: chris stephenson

Fri, 07 May 2010 00:28:10 +0000

hello tom, my grandmother issued me savings bonds with my mom as a co owner…my parents got a divorce and my mom kept all of my savings bonds i had 16 total savings bonds. well when i asked my mom about them 3 years later ( beacuse i didnt know my mom had them) she said she will mail them to me. welli recived 5 in the mail. i asked her were the other 11 were and she said she cashed them. after my parents got a divorce and i went to go live with my dad. i made a deal saying within one year she needs to pay me back. well that time has come and pass. my questions is can i sue her for this or am i out of $1,100