[WSBAPT] Redeeming US Savings Bonds

[David Sweeney]

Maybe she should start with just going to a bank locally at which she has an account, and asking what is the procedure for redeeming U.S. Savings bonds.  She might take a few bonds to start with, and a certified copy of her letters testamentary.  It may be that they could pay her cash then.

David B. Sweeney
Smith & Zuccarini, P.S.
2155-112th Avenue NE
Bellevue, Washington 98004
Telephone:  425-453-4455
Direct Line: 425-990-1586
Facsimile:   425-453-4454
E-mail:D.sweeney at smithzuccarini.com<blocked::mailto:D.sweeney at smithzuccarini.com>
www.smithzuccarini.com<http://www.smithzuccarini.com/>
From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Josh Grant
Sent: Thursday, September 06, 2018 3:49 PM
To: wsbar trust <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Redeeming US Savings Bonds

I am assisting a PR of an estate;  widowed housewife, married to high school teacher; decedent was a few days short of 106 and was evidently frugal. Not a taxable estate.
There are about $500,000 of U.S. Savings Bonds: HH; and EE;
My client learned that whatever he signs to redeem these; he will have to have his signature Medallion Guaranteed.  He also has been working over the internet with a bank? back east.
I am wondering what is the best way to redeem hundreds of bonds (they are paper bonds) and what entity (bank or whatever) is the easiest and best to work through.

Josh
Joshua F. Grant
[advocates]
P. O. Box 619
Wilbur, WA 99185
509 647 5578
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