The list below shows the allowable reissue transactions when at least one person named on the bonds is still living. The list also shows the form you can use for each situation. When a Bond Owner Has Died . Mail the completed form, along with the bonds to be reissued, to a servicing Federal Reserve Bank for processing.
Reissued bonds keep the same issue dates and interest earnings as the original bonds.
Some reissue transactions are taxable events and require the interest earned on the bonds be reported as income in the year the reissue occurs. For more information, see Tax Consequences of Reissuing Savings Bonds . An owner wants to change the current beneficiary to a co-owner. An owner wants to remove a living beneficiary and have the bond reissued either in the owner's name alone or in the owner's name with another person as a co-owner or beneficiary. To change the name of an owner, co-owner, or beneficiary due to marriage, divorce, annulment, or court order.