We have treasury Bonds from our parents...Both Parents have passed away. There is a trust....The Bonds are not mentioned.... There is just a not attached to the bonds giving them to the kids( 2 kids).... We took them to the bank with both death certificates and a copy of the trust with a letter from the estate attorney advising that the money would be put into the trust ... The bank will not cash.... Our estate attorney seem incredibly inept... This process has now taken 6 months and we still have been unable to get the bonds cashed and he doesn't seem to know what to do..How do we get the bonds cashed and how long should this process take. Thanks you
State/Country relating to question: California
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Thanks for the chance to help. I am an attorney with over 12 years experience. Hopefully I can help you with your legal question.To cash the bonds requires the bonds go through the estate.If they are not mentioned in the trust, they will be disposed of as residual property in the willIf there is no will, then they will be distributed as part of the "intestate estate ". But they must go through probate.No way around thatIf your current attorney is not helping you may want to find a new line.
Estate Law Expert
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