Cashing out childhood bonds post-name change?

[Autumn]

So i'm sitting here taking financial inventory of what assets I have available as I try to become more involved in money. I'm calculating up these savings bonds my grandparents invested in and it just struck me - what kind of headache will I see post-name change? Granted, my social is on the bonds, but my original name is.

Actually, my father's name is on them too, so technically he could cash them out for me. I have no concern of him ripping me off, but... I just want to know my options.

In the event that you own investments under your original name, and you wish to modify/cash them after name change, what kind of complications do we deal with?

[Syne]

I had a few items that had been issued in the original name. I showed up at my bank, name change papers in hand, and it took no extra time at all.

YMMV of course.

[K8]

I've changed everything except my passport and whatever I've forgotten.  At the bank, they know I used to have another name.  I think that, as Syne said, if you just bring your name-change papers to show them that you are, indeed, the same person you shouldn't have any problems.

- Kate

[Janet_Girl]

If you haven't done it yet, change the accounts and the bonds all at one time.  But even if you don't, when you decide to cash them out just take in your paperwork and you should be fine.



Janet

[LordKAT]

My investment firm had me cash out and then start a new account. I twas to save them a hassle and they told me so outright.

[K8]

My investment firm had me cash out and then start a new account. I twas to save them a hassle and they told me so outright.

I had them add Katherine to my account before I started full time so that I could get checks with that name on it.  I had to sign papers stating that *oldname* and Katherine were the same person.  Then, when I changed my name legally, they just dropped *oldname*.  It's the same account.

- Kate

[LordKAT]

I had them add Katherine to my account before I started full time so that I could get checks with that name on it.  I had to sign papers stating that *oldname* and Katherine were the same person.  Then, when I changed my name legally, they just dropped *oldname*.  It's the same account.

That option wasn't offered. I would have taken it. Oh well, maybe someone can learn from this foolish ness even if it is too late for me.

- Kate