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<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif">Good afternoon,
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif">We have a situation where decedent had multiple Treasury bonds (E-Series Bonds) that had Pay-On-Death beneficiaries. For all but one of the bonds we identified the beneficiary and either
had the bond reissued or distributed its value. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif">Unfortunately, there is one bond for which we cannot locate the beneficiary. The Treasury department does not seem to have a process for addressing this situation and this is a first for
me. As you know the bond passes outside of probate and should be directly distributed to the named beneficiary. However, being unable to locate the beneficiary or the heirs to her estate, we cannot distribute the bond.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif">Does anyone have any ideas on how to handle this situation? Should the PR hold the bond in Trust like probate property for a missing heir? Should the bond escheat to the state or the Feds?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif">Thoughts?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif">Thanks.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif">Jensen<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Goudy Old Style",serif"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-family:"Goudy Old Style",serif">Jensen Mauseth</span></b><span style="font-family:"Goudy Old Style",serif"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-family:"Goudy Old Style",serif">Mauseth Legal, PLLC</span></b><span style="font-family:"Goudy Old Style",serif"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Goudy Old Style",serif">320 Dayton Street, Ste. 127<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Goudy Old Style",serif">Edmonds, WA 98020<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Goudy Old Style",serif"><a href="http://www.mausethlegal.com/"><span style="color:#0000E9">www.mausethlegal.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Goudy Old Style",serif"><a href="mailto:jmauseth@mausethlegal.com"><span style="color:#0000E9">jmauseth@mausethlegal.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Goudy Old Style",serif">(p) 425.242.5111<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Goudy Old Style",serif">(f) 425.242.5114<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Goudy Old Style",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Goudy Old Style",serif;color:#7D7D7D">This e-mail contains information that may be confidential and privileged. Unless you are the addressee (or authorized to receive messages for the addressee),
you may not use, copy or disclose this message, or any information contained herein. If you have received this message in error, please advise the sender by reply e-mail and delete this message. Nothing in this message should be interpreted as a digital or
electronic signature that can be used to authenticate a contract or legal document. Unauthorized use of this information in any manner is prohibited.</span><o:p></o:p></p>
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