Legal Question in Civil Rights Law in Pennsylvania
Savings bonds
At what age do you legally have to give a bond that was purchased for a minor child?
1 Answer from Attorneys
Re: Savings bonds
i am not sure of the answer. i have never had anyone ask me that question. usually, bonds for minors have two names on the bond. once both people are over 18 years old, i think that either person can cash in the bond. if someone is holding the bond for the person and their name is NOT on the bond, i think 18 years old is the answer. if the holder's name IS on the bond, I think they own half the bond and can hold it forever unless they are somehow forced to sell it.
for a forced sale, or forcing the person to hand it over to you, you probably want a lawyer. also, there may be a specific rule involving just your question of which i am totally unfamiliar. good luck. feel free to email. [email protected]