and a probate court will determine who gets the money. This is mandatory any time the savings bonds have a total value of $100,000 or more as of the date of death. Once the court reviews the estate, the executor is the one who cashes in the bonds and distributes the money according ...
Savings bonds must be held for at least one year before being cashed in, and if they are redeemed before they’ve been held for five years, the bondholder must forfeit some of the interest accrued.Because savings bonds are often gifted to others, it’s especially important to first ...
If you think you have lost, stolen or destroyed savings bonds, you can visit TreasuryDirect.gov. You'll have to submit Form 1048, for lost, stolen or destroyed savings bonds. If you need to locate savings bonds that belonged to a loved one who has passed away or if you are ...