Comments on: Changing a co-owner or beneficary who has died http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/ Thu, 04 Dec 2008 00:24:11 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-18294 Mon, 31 Mar 2008 14:55:18 +0000 http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-18294 Lynette - "I think is also deceased" won't get you anywhere. If you can come up with death certificates for the co-owners, if your mother's husband died last, if these bonds weren't claimed as lost somewhere along the line and replaced, and if your mother's husband didn't have a will leaving the bonds to someone else, the bonds would belong to your mother. So you'll have to do a lot of legwork to get the money for your mother, but if it's truly a "pile" it would be time well spent. Tom Adams Lynette - "I think is also deceased" won't get you anywhere.

If you can come up with death certificates for the co-owners, if your mother's husband died last, if these bonds weren't claimed as lost somewhere along the line and replaced, and if your mother's husband didn't have a will leaving the bonds to someone else, the bonds would belong to your mother.

So you'll have to do a lot of legwork to get the money for your mother, but if it's truly a "pile" it would be time well spent.

Tom Adams

]]> by: Lynette Kreuger http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-18212 Sat, 29 Mar 2008 21:17:15 +0000 http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-18212 I found a pile of savings bonds in an old safe-deposit box. They are in the names of my mother's deceased husband and his brother, whom I think is also deceased. What can I do with the bonds? I found a pile of savings bonds in an old safe-deposit box. They are in the names of my mother's deceased husband and his brother, whom I think is also deceased. What can I do with the bonds?

]]> by: Tom Adams http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-13740 Thu, 15 Nov 2007 14:28:04 +0000 http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-13740 Hi Lamar - The person whose name is listed first on a bond is considered the "principal owner". If there is a second name, look at what's in between the names. If POD (payable on death to) is between the names, the second-named person is a beneficiary and has no rights to the bond unless you die. If OR appears, the second-named person is a co-owner with you and can legally cash the bond without your knowledge or permission. If you decide to change the co-owner or beneficiary, the information you need is on this page. If you decide to cash the bonds, see <a href="http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/" rel="nofollow">how to redeem a savings bond</a>. Tom Adams Hi Lamar - The person whose name is listed first on a bond is considered the "principal owner". If there is a second name, look at what's in between the names.

If POD (payable on death to) is between the names, the second-named person is a beneficiary and has no rights to the bond unless you die.

If OR appears, the second-named person is a co-owner with you and can legally cash the bond without your knowledge or permission.

If you decide to change the co-owner or beneficiary, the information you need is on this page. If you decide to cash the bonds, see how to redeem a savings bond.

Tom Adams

]]> by: lamar gregory http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-13681 Wed, 14 Nov 2007 18:20:02 +0000 http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-13681 i have several bonds i bought long ago and i have some with my fathers name on them and some with my mothers name on them and some with with now x-wifes name on them in addition to my name. i do not know if they are beneficeres or co-owners. how do i know if they are beneficiaries or co/oweners. my intentions were that they would be beneficieries but since i have been divorced for over 15 years and my mother and father are deceased i need to know what to do to take their names off the bonds. i am contemplating cashing the bonds in the near future since i am unemployed and have been for a long time. i would appreciate your help on what to do. thank you. i have several bonds i bought long ago and i have some with my fathers name on them and some with my mothers name on them and some with with now x-wifes name on them in addition to my name. i do not know if they are beneficeres or co-owners. how do i know if they are beneficiaries or co/oweners. my intentions were that they would be beneficieries but since i have been divorced for over 15 years and my mother and father are deceased i need to know what to do to take their names off the bonds. i am contemplating cashing the bonds in the near future since i am unemployed and have been for a long time. i would appreciate your help on what to do. thank you.

]]> by: Tom Adams http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-9049 Tue, 18 Sep 2007 14:26:46 +0000 http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-9049 Laurie - Your mother can have the registration changed on the Savings Bonds that have only your father's name on them. That's because she's the heir. The form for this is here: http://www.treasurydirect.gov/forms/sav5336.pdf Tom Adams Laurie - Your mother can have the registration changed on the Savings Bonds that have only your father's name on them. That's because she's the heir. The form for this is here:

http://www.treasurydirect.gov/forms/sav5336.pdf

Tom Adams

]]> by: LAURIE GRAY-WILHELM http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-8986 Mon, 17 Sep 2007 22:51:13 +0000 http://www.savings-bond-advisor.com/changing-a-beneficiary-who-has-died/#comment-8986 We do not have a lawyer. When my father died, my mother is the co-beneficiary, so everything went to her. My brother became the "Power of Attorney" when situations came up (ex: my father's car was going to become mine, so my brother went through the steps of how to change the name from my father's into mine, etc). We did not deal with a lawyer. We do not have a lawyer. When my father died, my mother is the co-beneficiary, so everything went to her. My brother became the "Power of Attorney" when situations came up (ex: my father's car was going to become mine, so my brother went through the steps of how to change the name from my father's into mine, etc). We did not deal with a lawyer.

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