Comments on: Fixing misspelled name on savings bond

by: Janet

Fri, 12 Mar 2010 01:42:56 +0000

Hi
My children received US Savings Bonds as gifts from my Aunt back in 1996. I looked at them recently and noticed the only names on them are my Aunt's and Uncle's (her husband). I think she thought these were transferable or whoever held them could redeem them. From what I am reading this is not true - can I have them changed into my children's name or does my Aunt have to redeem them? Thanks!

by: Tom Adams

Wed, 20 Jan 2010 16:31:06 +0000

Mark - So let's say it's really your father's name on the bonds. When he died, your mother became sole owner. When she died, they go into her estate to be distributed according to her will. Who would get the bonds in that case?

If it's still you, it can be far less complicated to believe your mother when she told you it was your name on the bonds and not your father's. If she had no other assets then you can avoid having her will probated. You will need a copy of her death certificate to have the bonds redeemed or reissued in your own name.

Tom Adams

by: mark

Wed, 20 Jan 2010 05:32:46 +0000

My mother gave me some savings bonds before she passed away. She told me that I was the benefactor of them. However, I am confused. My name was on them below hers but she did not put my middle initial on them. My father who passed away years ago and I share the same first name but different middle names.
Is it legal for me to cash these bonds in? Or how should I handle this.

by: Tom Adams

Mon, 22 Jun 2009 16:43:45 +0000

SN - I don't have an answer for you beyond the text at the top of this page.

Tom Adams

by: SN

Sun, 21 Jun 2009 22:37:59 +0000

I won this contest where the prize was a savings bond. My name is misspelled…There's a D instead of a P in my last name. Would this be an issue?

by: Tom Adams

Wed, 11 Feb 2009 17:28:29 +0000

Clayton - If it's worrying you or your wife, you should have it fixed.

Tom Adams