Bond Co-Owners If there are two listed owners on a savings bond, the Treasury refers to the owners as co-owners. Each co-owner of the bond has equal ownership rights, including the right to cash the bond at any time. One co-owner can redeem the bond without the signature of the other co-owner.

Can you cash a savings bond not in your name?

A savings bond isn’t transferable, so signing it doesn’t allow someone else to cash it. As protection against fraud, financial institutions require more than a signature to cash savings bonds. If you’re unable to cash a bond yourself, a registered co-owner can do it, or you can give someone power of attorney.

Who is the owner of an electronic bond?

Only one person is named as owner. Only that person may make transactions. If he or she dies, the bond becomes part of his or her estate. For electronic bonds, this is called sole ownership.

Who is the owner of a series Ee bond?

If you want to use the bond for your education, you must be the owner of the bond. If you want to use the bond for your child’s education, then you or your spouse, or both, must own the bond. Your child may be a beneficiary but not a co-owner. *This applies to paper Series EE bonds we sold in the past. We no longer sell EE bonds in paper form.

Can a person register a Series EE Savings Bond?

This page addresses ways individuals can register Series EE savings bonds. (Savings bonds also may be owned by entities, such as trusts, estates of deceased persons, living estates [where a court has appointed a guardian for a person, such as one who is incompetent], corporations, and partnerships.

Who is the sole owner of a savings bond?

Only one person is named as owner. Only that person may make transactions. If he or she dies, the bond becomes part of his or her estate. For electronic bonds, this is called sole ownership. For paper bonds, single ownership.* Only the owner may make transactions. If he or she dies, the beneficiary becomes the only owner.