If the bonds are eligible for the tax free education use, you can put them
into a 529 plan and then direct the proceeds to the beneficiary.

You can use it for your spouse or yourself (Solo 529 plan) and then give the
proceeds to your grandchildren.

"Anonn" <Anonn[at]nospam.com> wrote in message
news:6E3he.122$Lc1.49[at]newsread3.news.pas.earthlink.net...
- quote -

I gotta move some (matured) Series EE/E bonds. Redemption will trigger taxes
on accrued interest. Is there a way to avoid triggering this liability? I
always assumed I could transfer/convert them into Series HH bonds to restart
interest, without triggering a tax liability, but I see now that this option
was eliminated last year! So my question is: Can I donate these bonds -
along with the accrued interest and along with the associated tax
consequences to a charity? Or to my grandkids? Or . . . ?

Any help would be greatly appreciated.

Bob