Comments on: Whose signature is needed to redeem co-owner savings bonds? http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/ Wed, 08 Feb 2012 21:52:01 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-69867 Wed, 05 May 2010 20:55:24 +0000 http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-69867 Catherine - you can't cash it. Only the person named on the bond can cash it. Tom Adams Catherine - you can't cash it. Only the person named on the bond can cash it.

Tom Adams

]]> by: Catherine Johnson http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-69805 Wed, 05 May 2010 05:10:22 +0000 http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-69805 i have a savings bond purchased for my goddaughter in 1990. her mother and i had a falling out and she refused to let me give it to her. the girl is now an adult. i may or may not be able to get this to her. i would like to cash it. my ss# is the one listed, but it's my goddaughter's name and address as i listed it at the time. can i cash this? will it then go against her taxes or mine or both? what identification will i need if i do cash it? i have a savings bond purchased for my goddaughter in 1990. her mother and i had a falling out and she refused to let me give it to her. the girl is now an adult. i may or may not be able to get this to her. i would like to cash it. my ss# is the one listed, but it's my goddaughter's name and address as i listed it at the time. can i cash this? will it then go against her taxes or mine or both? what identification will i need if i do cash it?

]]> by: Tom Adams http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-67877 Fri, 23 Apr 2010 14:40:16 +0000 http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-67877 Matt - I'm not sure what you mean by "my Grandma left me" so first let's establish that your name is on the bonds. If only your grandmother's name is on the bonds, then this is a lot more complicated. But if your name appears first on the bonds, or if your name is second with the word OR between the names, then you should have little trouble cashing the bonds. However, different banks have different rules. Most would allow an 18-year-old with a driver's license or other state ID to cash a bond, but you might want to call ahead to see what the rules at your bank are. Tom Adams Matt - I'm not sure what you mean by "my Grandma left me" so first let's establish that your name is on the bonds. If only your grandmother's name is on the bonds, then this is a lot more complicated.

But if your name appears first on the bonds, or if your name is second with the word OR between the names, then you should have little trouble cashing the bonds.

However, different banks have different rules. Most would allow an 18-year-old with a driver's license or other state ID to cash a bond, but you might want to call ahead to see what the rules at your bank are.

Tom Adams

]]> by: Matt http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-67750 Fri, 23 Apr 2010 00:48:29 +0000 http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-67750 Hi, my Grandma left me savings bonds and it is about to be my 18th birthday soon, so i was wondering if i need my mother to come with me to the bank to cash my bonds or can i do it my self? Hi, my Grandma left me savings bonds and it is about to be my 18th birthday soon, so i was wondering if i need my mother to come with me to the bank to cash my bonds or can i do it my self?

]]> by: Tom Adams http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-63362 Thu, 18 Mar 2010 15:58:11 +0000 http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-63362 Christine - taking them to a bank will be no end of hassle. Why don't you just send them in <a href="http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/" rel="nofollow"> as described here</a>. Tom Adams Christine - taking them to a bank will be no end of hassle. Why don't you just send them in as described here.

Tom Adams

]]> by: Christine LaRocco http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-63339 Wed, 17 Mar 2010 16:48:35 +0000 http://www.savings-bond-advisor.com/whose-signature-is-needed-on-co-owner-savings-bonds/#comment-63339 My savings bonds were previously stamped by a bank. I changed my mind about cashing them at the time, but I would like to cash them in now. Can another bank accepted them now for cashing if they are stamped by another financial institution? My savings bonds were previously stamped by a bank.
I changed my mind about cashing them at the time, but I would like to cash them in now. Can another bank accepted them now for cashing if they are stamped by another financial institution?

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