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Is there a phone number for a person I could talk to about the procedure for cashing in my mother's savings bonds? I am the executor of her estate.
Cashing someone else's savings bonds can be a tricky situation so going to your bank for guidance should be your first step.
My father had savings bonds; he passed away. Everything went to my mom, but we did not change the savings bonds into her name. My mom passed away and I am the executor of the will. How do I get the savings bonds cashed?
Generally savings bonds have a beneficiary named but it is not mandatory and a deceased bonds would then go to their estate. Did your father also have a will and was your mother the sole heir of his estate? Do you plan to put the money from the bonds into your mother's estate? Are there other family members who may contest your right to these bonds?
Legal matters like this can be daunting but a good bank officer should be able to help you with this matter. You will need to take the bonds, death certificates, any legal papers you have pertaining to your mother and any wills that found. You can go to your parent's bank or to any bank, as this is a pretty common matter to them.
The bank officer can usually advise you of your legal rights, but, in any case, they will probably have the forms you need and someone to certify them for you.
The Treasury Dept. site may be a little daunting but I have another site that may be easier to read:
Where do I call to order the FS form 5336 needed to cash the savings bonds owned by a deceased person?
There is no need to call and go pick up this form. It is available online in a PDF file and you can download it from the Treasury office. Here is the link to the form.
Use this form:
Or call this number for help:
Here is the link to the forms www.treasurydirect.gov/
The best way to redeem savings bonds is at your bank/financial institution.
Here are a couple of links that give very good instructions on how to cash these bonds as well as dealing with who may be a legal recipient.