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Join Date: Nov 2000
Location: Atlanta, Ga
Posts: 9,734
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savings bonds
My parents have a LOT of savings bonds and were wanting to disperse some of them to the grandkids, etc and looking for a good way to do that. They all live in different states so she cannot be there to cash them with them in person and I found out about treasurydirect.gov Has anybody used this before? I think you can upload them to this site and them transfer them to somebody else? Anybody know how this site works or can you point me in another direction?
Also, it is my understanding that the original owner of the savings bond is required to pay the taxes on them no matter who cashes them?
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Marc
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