My mother died and left savings bonds via a will to my sister and me. They are titled in her name POD to my father who died several years ago.Do we have to cash the bonds for the purpose of settling her estate? We would prefer to not cash them while they are still paying interest because of their rate of return.Does her estate pay the taxes on the bonds? Do the taxes have to be paid in the year of her death or when the bonds are cashed?Any help would be much appreciated.
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