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Community: Investing Wiki

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savings bond death: Original post by Maggie McCormick of Demand Media A savings bond entitles the holder to a certain amount of money. Typically, a bank will pay the money only to the person named on the bond. When that person dies, however, payment may be made to a person whose name is not listed on the bond. Depending on the situation, if a bond has come into your possession upon the death of the person who…

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