Savings Bonds Lost Stolen

savings bonds lost stolen
Question: Are my parents allowed to keep my Savings Bonds?

I am 21 years old. My dad bought me Savings Bonds when I was little to use for college. They wont give it to me unless I sign a power of attorney. They are not trying to steal my money or anything like that–they just want to make sure that it is used for college. So LEGALLY am i allowed to just demand them. I would rather pay off some debt with it and start a savings for a car. 21 years old and not having a car is kinda hard. I’ve been riding the bus and bike all this time while living on my own and attending college. I am in the process of taking out loans for college. Please just answer if i am LEGALLY allowed to demand them? I do not want to take it to court ( no money to do so-plus they are my parents) … can I just file the Savings Bonds as “lost’ since my parents refuse to give them to me? Thanks.

Answer: If it will cause a fight, don’t bother demanding them. The link below contains instructions for replacing ‘lost, stolen, or destroyed Savings Bonds‘.

John Anderson for US Congress, OH 7th District – National Debt


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