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Author: Wradical Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121110  
Subject: Re: EE bond - who should redeem it? Date: 1/11/2006 11:43 AM
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(It sounds like)the child is the owner of the bonds. The child will be the one to redeem them and pick up the income.

The exclusion for bond interest if used for charitable purposes will not be available to the child, assuming he/she acquired them before age 24. But that doesn't necessarily mean buying the bonds in the kid's name was a bad move.

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