Comments on: How to act for an incapacitated Savings Bond owner http://www.savings-bond-advisor.com/incapacitated-savings-bond-owner-and-power-of-attorney/ Thu, 18 Mar 2010 21:10:09 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/incapacitated-savings-bond-owner-and-power-of-attorney/#comment-62322 Thu, 11 Mar 2010 15:02:19 +0000 http://www.savings-bond-advisor.com/incapacitated-savings-bond-owner-and-power-of-attorney/#comment-62322 <b>Zoe</b> - I've been trying to get an official answer to your question, but I've gotten no response so far. Meanwhile, would a <a href="http://www.treasurydirect.gov/forms/sec5188.pdf" rel="nofollow" rel="nofollow">power of attorney</a> work? The owner would still need to sign in front of a notary public, but if the owner is hospitalized that's often a service the hospital can provide. The form delegates someone like you to act for the owner in Savings Bond transactions. You would then sign for the owner at the bank by presenting the form and your ID. <b>Nik</b> - It appears that form, which was redundant, has been discontinued. I've removed the reference to it in the text above. Thanks for the note. Tom Adams Zoe - I've been trying to get an official answer to your question, but I've gotten no response so far. Meanwhile, would a power of attorney work? The owner would still need to sign in front of a notary public, but if the owner is hospitalized that's often a service the hospital can provide. The form delegates someone like you to act for the owner in Savings Bond transactions. You would then sign for the owner at the bank by presenting the form and your ID.

Nik - It appears that form, which was redundant, has been discontinued. I've removed the reference to it in the text above. Thanks for the note.

Tom Adams

]]> by: Nik http://www.savings-bond-advisor.com/incapacitated-savings-bond-owner-and-power-of-attorney/#comment-62311 Thu, 11 Mar 2010 14:15:18 +0000 http://www.savings-bond-advisor.com/incapacitated-savings-bond-owner-and-power-of-attorney/#comment-62311 The link for the form: <i>Request for Payment of Series I Savings Bonds by the Representative of the Estate of an Incompetent or Minor</i> is not a valid link. The link for the form: Request for Payment of Series I Savings Bonds by the Representative of the Estate of an Incompetent or Minor is not a valid link.

]]> by: Zoe Golaske http://www.savings-bond-advisor.com/incapacitated-savings-bond-owner-and-power-of-attorney/#comment-61296 Sat, 06 Mar 2010 01:51:27 +0000 http://www.savings-bond-advisor.com/incapacitated-savings-bond-owner-and-power-of-attorney/#comment-61296 This form states that the owner of the bonds is mentally incapacitated. What if the owner is still mentally sound, but physically incapacitated due to stroke? This form states that the owner of the bonds is mentally incapacitated. What if the owner is still mentally sound, but physically incapacitated due to stroke?

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