Comments on: Putting savings bonds into a trust

by: Tom Adams

Tue, 22 Apr 2008 13:15:06 +0000

Bill - Only paper Savings Bonds can be issued in the name of a Trust. At this time electronic bonds on TreasuryDirect can only be issued in the name of individuals who have SSNs. Electronic bonds cannot be reissued as paper bonds, so there's no way to move the money into a Trust without cashing the electronic bonds and buying new paper bonds (but in that case, beware the annual purchase limits).

Tom Adams

by: Bill Tieman

Mon, 21 Apr 2008 22:21:24 +0000

Can I-Bonds purchased in individual names/SSNs in electronic form (Treasury Direct) be reissued in the name of a Family Trust? The Treasury Direct web site indicates that I-Bonds can only be purchased in individuals names/SSNs, not in the name of a trust at purchase.

by: Tom Adams

Wed, 26 Mar 2008 13:41:10 +0000

Vincent - the information you're looking for is on my page about changing a co-owner who has died.

Tom Adams

by: Vincent P. Beilman Jr.

Wed, 26 Mar 2008 01:51:22 +0000

Series EE Savings Bonds. My bonds have my father who is deceased as the co-owner. How do I go about removing my father's name and substituting my wife as the co-owner?

by: Tom Adams

Mon, 25 Feb 2008 21:24:59 +0000

Eileen - Just get the bonds reissued with your grandchildren as beneficiaries; a trust is a pretty complicated way to do this. There's more info here on getting the bonds reissued to add a beneficiary.

Tom Adams

by: eileen murtagh

Sun, 24 Feb 2008 05:08:37 +0000

i want to gift my savings bonds to my grandchildren either for their college education or upon my death. do i want to reissue the bonds with their names as a co-owner (or beneficiary) since my husband (original co-owner) is deceased or what would a trust do for us? thanks for your input.