Comments on: How to cash in a savings bond http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/ Mon, 15 Mar 2010 10:33:46 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-61196 Thu, 04 Mar 2010 14:41:28 +0000 http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-61196 Chris - yes, custodial parents can sign for their minor children. Tom Adams Chris - yes, custodial parents can sign for their minor children.

Tom Adams

]]> by: Chris http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-61147 Thu, 04 Mar 2010 00:52:15 +0000 http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-61147 I am 17, I dont have a driver's liscense or photo ID but if my dad takes me to a bank can he sign to have the bonds cashed in? Thanks I am 17, I dont have a driver's liscense or photo ID but if my dad takes me to a bank can he sign to have the bonds cashed in?

Thanks

]]> by: Tom Adams http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-59041 Thu, 18 Feb 2010 16:31:24 +0000 http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-59041 Kathy - When your husband passed away, the bonds became his mother's bonds, as she was still living. When she died the bonds went to her estate, to be distributed according to her will. If the bonds were specifically mentioned in the will, then the court that probates the will will award them that way. If not, they'll be split among the heirs as the will declares. Was her will probated? Since you were not in her will, I don't see any way you can cash the bonds. Tom Adams Kathy - When your husband passed away, the bonds became his mother's bonds, as she was still living. When she died the bonds went to her estate, to be distributed according to her will.

If the bonds were specifically mentioned in the will, then the court that probates the will will award them that way. If not, they'll be split among the heirs as the will declares. Was her will probated?

Since you were not in her will, I don't see any way you can cash the bonds.

Tom Adams

]]> by: Kathy Husek http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-58905 Thu, 18 Feb 2010 03:46:13 +0000 http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-58905 Do I have any options here. My Husband passed away in 1998. His Mother in 1999 I have several savings bonds in his "or" her name. I have his death certificate. My mother in law took me to bank and signed the lastest savings bond and the Bank advised us to wait as it was just a few months old at that time. I was not included in her will my son was. I did have a death certificate but my Uncle ( who had alzeimers) tossed it. Now I find myself in dire need of these funds. Is there anyway I can cash these bonds or what do I do? Do I have any options here. My Husband passed away in 1998. His Mother in 1999 I have several savings bonds in his "or" her name. I have his death certificate. My mother in law took me to bank and signed the lastest savings bond and the Bank advised us to wait as it was just a few months old at that time. I was not included in her will my son was. I did have a death certificate but my Uncle ( who had alzeimers) tossed it. Now I find myself in dire need of these funds. Is there anyway I can cash these bonds or what do I do?

]]> by: Tom Adams http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-58407 Tue, 16 Feb 2010 15:54:17 +0000 http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-58407 <b>Jamie</b> - As executrix, you will be responsible for filing your mother's tax return for the year in which she dies. If that's also the tax year in which she cashes the bonds, then the interest goes on that tax return. In any case, she will not be required to pay the tax when the bonds are cashed. <b>Rockaway</b> - the article at the top of this page covers your question. What you're looking for is in the next-to-last paragraph. Tom Adams Jamie - As executrix, you will be responsible for filing your mother's tax return for the year in which she dies. If that's also the tax year in which she cashes the bonds, then the interest goes on that tax return. In any case, she will not be required to pay the tax when the bonds are cashed.

Rockaway - the article at the top of this page covers your question. What you're looking for is in the next-to-last paragraph.

Tom Adams

]]> by: rockaway http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-58370 Tue, 16 Feb 2010 08:16:57 +0000 http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/#comment-58370 How can I cash bonds without a bank account? How can I cash bonds without a bank account?

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