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<p class="MsoNormal"><span style="color:#1F497D">I would say you are right. I had a probate in which the name on the bond was decedent’s name AND his mother. His mother took the $ from the bonds, and gave to his widow…<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">You can contact the US Treasury online and there are specific instructions on handling the bonds.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:14.0pt;color:#660033">Dalynne Singleton</span></b><b><span style="font-size:14.0pt;color:#1F497D"><o:p></o:p></span></b></p>
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<p class="MsoNormal"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com [mailto:wsbapt-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>Eric Nelsen<br>
<b>Sent:</b> Monday, October 19, 2015 10:30 AM<br>
<b>To:</b> WSBA Probate & Trust listserve (wsbapt@lists.wsbarppt.com) <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] U.S. savings bonds automatically JTWROS?<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I am surprised I have not run into this before, but – I have an estate where the decedent owned US savings bonds with her spouse. Definitely purchased during the marriage and community property. The bonds are registered in name of decedent
"or" spouse. Decedent's Will does NOT give community property to the surviving spouse.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">According to the US treasury website, ownership of a US savings bond, when registered in two names, automatically transfers to the survivor upon the death of the first. There appears to be no option for holding a bond in multiple names
without it being automatically with right of survivorship.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Based on that, I would think that the surviving spouse receives all the bonds, because it is a non-probate right of survivorship. Does anyone know differently?<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thanks as always –<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Sincerely,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Eric C. Nelsen<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">SAYRE LAW OFFICES, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">1320 University St<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Seattle WA 98101-2837<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">phone 206-625-0092<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">fax 206-625-9040<o:p></o:p></span></p>
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