I remember seeing my Savings bonds E/EE series in my dad's mailbox in 2004 and in his house (throughout the house) during 1983-2004 and my name was on it, as well as his. My name was solo, while his was as beneficiary. What does this mean? Can he legally keep them from me? Am I entitled to them? I don't want to seem rude or ungrateful, but I just want to know the truth. I thought a beneficiary can only claim something if someone dies or become incompetent?
It appears that the bonds are yours and yours alone Much depends on the precise titling of the bonds. If the titling is joint, either party has a right tot he bonds. If the bond is A POD B (or A Paid on Death to B) then the bonds belong to A. When you say he is the beneficiary, I cannot be certain unless I know the exact titling. From your description, my best guess is that teh bonds are yours and yours alone to cash in during your lifetime.
Marty Davidoff, firstname.lastname@example.org, 732-274-1600. This answer is provided for general information only. You should seek advice from an attorney or tax professional.
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I agree with Mr. Davidoff who lays out the possiblities. But these are just possibilities without knowing the exact language.
Hope this helps.
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