M
marron-cream
Guest
What is the name of your state? CA
I hope someone can help me with this. My father died two months ago. He left me approximately $175,000 in US Savings Bonds. A lawyer has told my mother that half of any POD account/bond goes to her, so theoretically she is entitled to half of the $175,000. Is this true?
If so, can I hold her off by not changing anything? Sorry, that sounds weird. The savings bonds FAQ states that as long as I'm listed as the POD it's not necessary to change anything on the bonds. So if I left them the way they are, with my dad as the primary and me as the POD, would my mom be able to force me to cash them out so she gets her half?
I hope that makes some kind of sense and I appreciate any advice offered. Thank you!
I hope someone can help me with this. My father died two months ago. He left me approximately $175,000 in US Savings Bonds. A lawyer has told my mother that half of any POD account/bond goes to her, so theoretically she is entitled to half of the $175,000. Is this true?
If so, can I hold her off by not changing anything? Sorry, that sounds weird. The savings bonds FAQ states that as long as I'm listed as the POD it's not necessary to change anything on the bonds. So if I left them the way they are, with my dad as the primary and me as the POD, would my mom be able to force me to cash them out so she gets her half?
I hope that makes some kind of sense and I appreciate any advice offered. Thank you!