Legal Question in Wills and Trusts in Illinois

savings bonds

my husband has several savings bonds with his first wife named as co owner she died and we have since married. If he dies what happens to the savings bonds? My name is not on them


Asked on 10/03/08, 12:12 pm

1 Answer from Attorneys
Adam S. Tracy Securities Compliance Group Ltd

Re: savings bonds

Thank you for your question. If both names were on the bonds, then, by law, title would pass (avoiding probate) to your husband.there is a function by which you can have bonds reissued in a joint tenancy with you having a right of survivorship. Please feel free to email me with any additional questions: [email protected]

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Answered on 10/03/08, 7:08 pm


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