Quote:
Originally Posted by GrayHare
That might work. I've been thinking of doing similar but haven't tried it yet. If I'm reading the regulations correctly, your son must have been at least age 24 when the bonds were initially issued.
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I think you have it wrong, the parent must have been 24, not the child.
Also, if you were to transfer ownership in title to your child, this is a re-titling event, isn't it? You would trigger a taxable event on all interest up to the transfer date.