Question: My husband, who died recently, left me a written list of savings bonds that he owned. However, I can't find the bonds. I thought they might be with BuyandHold, but I was told they are not. What can I do?

A BuyandHolder

Answer:

Dear BuyandHolder,

I am assuming that you have checked your husband's home filing cabinet and if he was still working, any papers at his office. If he (or you and he) had a bank safe deposit box, that, too should be examined.

Here's what the U.S. Treasury recommends. They are familiar with the situation as thousands of savings bond that have matured are not redeemed. In fact, the Treasury's website points out that more than $15 billion worth of savings bonds that have stopped earning interest have yet to be cashed in!

Option #1

Write to:

Bureau of Public Debt
P. O. Box 7012
Parkersburg, WV 26106-7012

In a carefully typed (not handwritten) letter, first explain the situation as fully as possible.

Second, request an official search of the U.S. Department of Treasury records.

Third, list the serial numbers for the bonds. If you know the approximate dates they were issued, include those as well.

Fourth, note your husband's full name (with his middle initial or middle name), address and Social Security number. List the same information for yourself.

Fifth, put a copy of your husband's death certificate in the envelope along with your letter.

The Treasury Department will replace the savings bonds, provided they have not been cashed.

Option #2

You can conduct your own "Treasury Hunt" online. Go to: www.treasurydirect.gov. Then click on "Individuals." Next, in the middle column, click on "What You Can Do" followed by "Search For Your Securities In Treasury Hunt." After reading the general introductory information, click on "Start Search."

Have your husband's and your own Social Security or employee identification numbers handy.

Finally...

When you have received the replacement bonds (they will come by mail), you can redeem them at your bank. (Note: Not all branch banks handle Savings Bonds, so call first to find out if yours does.)

You will have no difficulty redeeming the bonds if you are listed as an owner, co-owner or beneficiary. However, banks are very sticky about identification. Have a proper photo ID with you -- your driver's license, passport or photo work pass. You will also be asked to show a copy of your husband's death certificate.

Good luck!