EE bonds in probate

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills.
Post Reply
Topic Author
bbb
Posts: 73
Joined: Thu Mar 29, 2012 12:51 pm

EE bonds in probate

Post by bbb »

If there is more than $100,000 redemption value in EE bonds with only one owner and no beneficiary on them, then it is required that a court administer the estate. There is no will and there are no debts owed and there would be no estate taxes. Intestate law would split it up between us 4 kids. We all get along and expect no issues. I would be the personal representative. Would this be costly to probate? Lengthy? Who decides how the bonds are split up? Does the judge? Or does the court hire a lawyer or CPA? Can this be done myself without an attorney? State Of North Dakota Thanks for any help.
Post Reply