tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 11:21:48 GMT -5
Have him break it in $5000 or lesser amounts and Western Union it to his granddaughter! For each transaction he will probably pay about $50. So, if he breaks it in 6 smaller amounts and sends one every other day, then he'll pay about $300 in sending fees. Less than flying someone out. He'd still need an ID for the transactions. He doesn't want his name associated with money! Wait...I think I said it like 5 times already
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 11:23:55 GMT -5
Once you fly there, what you might want to do is to buy a series of $9K money orders before you get onto the plane to come back. I would not carry that much cash on me, and MO's can pretty much go undetected in your wallet. Good idea, but where can you get a money order for over $500? Ooh, how about traveler's checks? Ive never had a traveler's check before. Where do you get them and how much allowed per check? Do you need bank account for that? There is no banks like we have over where FIL is.
|
|
Deleted
Joined: Sept 28, 2024 22:35:25 GMT -5
Posts: 0
|
Post by Deleted on Oct 12, 2015 11:24:59 GMT -5
Have him break it in $5000 or lesser amounts and Western Union it to his granddaughter! For each transaction he will probably pay about $50. So, if he breaks it in 6 smaller amounts and sends one every other day, then he'll pay about $300 in sending fees. Less than flying someone out. He'd still need an ID for the transactions. He doesn't want his name associated with money! Wait...I think I said it like 5 times already What about granddaughter? How is she going to explain an influx of 25K?
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 11:25:24 GMT -5
He will have to have his name associated with $25K and this is what he is afraid of. And yes, the ticket is bought. My husband just not feeling too good to travel that long. But now are you saying airport authority will search him WTF Holy fuck. Do you live under a rock?
Yes, you get searched at the airport.
Or maybe I had never took a plane? But we lawyers don't think like that, do we? Because we live ON the rock...
|
|
Deleted
Joined: Sept 28, 2024 22:35:25 GMT -5
Posts: 0
|
Post by Deleted on Oct 12, 2015 11:26:31 GMT -5
Did someone suggest putting it into your account and electronically transferring it to your daughter?
|
|
swamp
Community Leader
THEY’RE EATING THE DOGS!!!!!!!
Joined: Dec 19, 2010 16:03:22 GMT -5
Posts: 45,614
|
Post by swamp on Oct 12, 2015 11:27:03 GMT -5
Holy fuck. Do you live under a rock?
Yes, you get searched at the airport.
Or maybe I had never took a plane? But we lawyers don't think like that, do we? Because we live ON the rock... This has nothing to do with being a lawyer. Read the paper, watch the news, read other people's posts on FB.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 11:28:30 GMT -5
He doesn't want his name associated with money! Wait...I think I said it like 5 times already What about granddaughter? How is she going to explain an influx of 25K? Ahhhhhh...let me think if this is anyone's business And if you MUST know - she is working and can deposit it into her bank weekly $1K OR $5K 5 times OR ...you think of something.
|
|
Deleted
Joined: Sept 28, 2024 22:35:25 GMT -5
Posts: 0
|
Post by Deleted on Oct 12, 2015 11:29:06 GMT -5
Any CASH deposit over $10,000 is reported to the IRS. This law was set up in 1970 under the Bank Secrecy Act of 1970 and updated under the provisions of the USA Patriot act. The law tracks daily cash deposit amounts of $10,000 or more, not checks, to try and prevent money laundering.
So the above is no longer done? I believe it is still done. So deposit it in 3 deposits of $9000, $9000 and $7000
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 11:29:38 GMT -5
Did someone suggest putting it into your account and electronically transferring it to your daughter? Like all $25K? And be questioned? Or there is another something you meaning?
|
|
obelisk
Familiar Member
Joined: Nov 12, 2014 14:49:16 GMT -5
Posts: 663
|
Post by obelisk on Oct 12, 2015 11:30:56 GMT -5
Have your daughter deposit the cash into her bank in multiple deposit under 9k.
|
|
Deleted
Joined: Sept 28, 2024 22:35:25 GMT -5
Posts: 0
|
Post by Deleted on Oct 12, 2015 11:32:46 GMT -5
Did someone suggest putting it into your account and electronically transferring it to your daughter? Like all $25K? And be questioned? Or there is another something you meaning? So your daughter can deposit it in her account but you can't figure out how to put it into yours?
|
|
wvugurl26
Distinguished Associate
Joined: Dec 19, 2010 15:25:30 GMT -5
Posts: 21,873
|
Post by wvugurl26 on Oct 12, 2015 11:33:45 GMT -5
I believe it is still done. So deposit it in 3 deposits of $9000, $9000 and $7000 If the bank is doing what they should they will report the three deposits of $9000. They are also supposed to look for people breaking up transactions to be below the reporting threshold. They might not but they should. And could get in trouble for not doing so.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 11:37:23 GMT -5
Or maybe I had never took a plane? But we lawyers don't think like that, do we? Because we live ON the rock... This has nothing to do with being a lawyer. Read the paper, watch the news, read other people's posts on FB. I KNOW! I had been sarcastic. You just started with your 'nice' WTF and you had never assumed someone had never been near plane? Also I do not have time to read paper anymore. Do you suggest I just go buy bunch of papers and look for 'do they search at airports' What news should I watch? Do they say daily 'people are get searched at airports'? I do not have FB!!! \ Now do you see how actually unintelligent everything you wrote is And even more...we had just found out about it yesterday, and today is Columbus day when all post offices and banks are CLOSED!!!
|
|
Tennesseer
Member Emeritus
Joined: Dec 20, 2010 21:58:42 GMT -5
Posts: 64,429
|
Post by Tennesseer on Oct 12, 2015 11:41:58 GMT -5
Buy something in cash worth $25,000 that will not lose its value immediately after purchase. Individual gemstone(s), gold coins, artwork, etc.
|
|
Deleted
Joined: Sept 28, 2024 22:35:25 GMT -5
Posts: 0
|
Post by Deleted on Oct 12, 2015 11:45:25 GMT -5
This has nothing to do with being a lawyer. Read the paper, watch the news, read other people's posts on FB. I KNOW! I had been sarcastic. You just started with your 'nice' WTF and you had never assumed someone had never been near plane? Also I do not have time to read paper anymore. Do you suggest I just go buy bunch of papers and look for 'do they search at airports' What news should I watch? Do they say daily 'people are get searched at airports'? I do not have FB!!! \ Now do you see how actually unintelligent everything you wrote isAnd even more...we had just found out about it yesterday, and today is Columbus day when all post offices and banks are CLOSED!!!
|
|
NancysSummerSip
Community Leader
Joined: Dec 19, 2010 19:19:42 GMT -5
Posts: 36,651
Today's Mood: Full of piss and vinegar
Favorite Drink: Anything with ice
|
Post by NancysSummerSip on Oct 12, 2015 12:03:29 GMT -5
<<And even more...we had just found out about it yesterday, and today is Columbus day when all post offices and banks are CLOSED!!!>>
So do it tomorrow. Why did it have to be done today? He's had the money for twenty-five years...what's one more day of waiting going to change?
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 12:10:41 GMT -5
<< And even more...we had just found out about it yesterday, and today is Columbus day when all post offices and banks are CLOSED!!!>> So do it tomorrow. Why did it have to be done today? He's had the money for twenty-five years...what's one more day of waiting going to change? PLAIN TICKET BOUGHT FOR TOMORROW! Imagine that!
|
|
Lizard Queen
Senior Associate
103/2024
Joined: Jan 17, 2011 22:19:13 GMT -5
Posts: 14,659
|
Post by Lizard Queen on Oct 12, 2015 12:11:11 GMT -5
Good idea, but where can you get a money order for over $500? Ooh, how about traveler's checks? Ive never had a traveler's check before. Where do you get them and how much allowed per check? Do you need bank account for that? There is no banks like we have over where FIL is. I don't think that you need a bank account to purchase traveler's checks, but I haven't gotten any in about 25 years. Back then, I think the largest were $100, but I'm not positive about that. Maybe you could have your DH deposit some of it in the bank at a local branch, buy some money orders, buy some traveler's checks, and then carry some in cash. I don't know how much TSA will hound him about $$. My cousin brought $10k to my mom (part of an inheritance) from Poland in 2008. He was questioned about it at the airport, but I'm sure it was while he was going through customs. I don't know how nosy they are about cash when you are just travelling domestically. I normally don't carry that much when I travel.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 12:19:16 GMT -5
Please, tell me about travelers checks.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 12:21:21 GMT -5
Like all $25K? And be questioned? Or there is another something you meaning? So your daughter can deposit it in her account but you can't figure out how to put it into yours? I am limited in time now. She won't be.
|
|
MJ2.0
Senior Associate
Joined: Jul 24, 2014 10:27:09 GMT -5
Posts: 11,049
|
Post by MJ2.0 on Oct 12, 2015 12:22:19 GMT -5
I really can't believe you guys are actually helping someone access $25k undetected.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 12:22:46 GMT -5
If the bank is doing what they should they will report the three deposits of $9000. They are also supposed to look for people breaking up transactions to be below the reporting threshold. They might not but they should. And could get in trouble for not doing so. So Loony deposits 9000 in her account, her husband does the same, daughter does the 7k deposit Exactly! And it wasn't even a question. Right? Everything gets answered BUT the question! (by some (same) people)
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 12:23:36 GMT -5
I really can't believe you guys are actually helping someone access $25k undetected. Man was saving money for years. Why is this supposed to be 'detected'?
|
|
MJ2.0
Senior Associate
Joined: Jul 24, 2014 10:27:09 GMT -5
Posts: 11,049
|
Post by MJ2.0 on Oct 12, 2015 12:26:23 GMT -5
If he really didn't want to put it in the bank, why didn't he take the "money mattress" with him wherever he moved? I'm also surprised that no one intervened in his behalf this entire time to manage the money for/with him.
|
|
ArchietheDragon
Junior Associate
Joined: Jul 7, 2014 14:29:23 GMT -5
Posts: 6,379
|
Post by ArchietheDragon on Oct 12, 2015 12:27:10 GMT -5
Is he tied to the Russian mob at all?
|
|
MJ2.0
Senior Associate
Joined: Jul 24, 2014 10:27:09 GMT -5
Posts: 11,049
|
Post by MJ2.0 on Oct 12, 2015 12:30:19 GMT -5
I really can't believe you guys are actually helping someone access $25k undetected. Really what laws are being broken? There is no law that says you can't save cash. There is no law that limits the amount of cash you can give another person. I guess I'm not seeing an issue. Now if Looney came in asking "My drug dealing FIL has this cash he wants to give away" I think my answer would be different If everything is on the up and up, then he should have no problem going through the necessary legal channels to access this money.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 12:31:48 GMT -5
I really can't believe you guys are actually helping someone access $25k undetected. Really what laws are being broken? There is no law that says you can't save cash. There is no law that limits the amount of cash you can give another person. I guess I'm not seeing an issue. Now if Looney came in asking "My drug dealing FIL has this cash he wants to give away" I think my answer would be different Exactly! Is smells like I am back to USSR!
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Oct 12, 2015 12:33:13 GMT -5
Really what laws are being broken? There is no law that says you can't save cash. There is no law that limits the amount of cash you can give another person. I guess I'm not seeing an issue. Now if Looney came in asking "My drug dealing FIL has this cash he wants to give away" I think my answer would be different If everything is on the up and up, then he should have no problem going through the necessary legal channels to access this money. He doesn't HAVE any problems. It is problems created for him because of the $10K limit. He ate free food to save it up! From food banks. Legal - shmegal...
|
|
MJ2.0
Senior Associate
Joined: Jul 24, 2014 10:27:09 GMT -5
Posts: 11,049
|
Post by MJ2.0 on Oct 12, 2015 12:35:38 GMT -5
If everything is on the up and up, then he should have no problem going through the necessary legal channels to access this money. He doesn't HAVE any problems. It is problems created for him because of the $10K limit. He ate free food to save it up! From food banks. Legal - shmegal... He won't get arrested - the money just gets reported. Nothing else. He is creating his own problems.
|
|
ArchietheDragon
Junior Associate
Joined: Jul 7, 2014 14:29:23 GMT -5
Posts: 6,379
|
Post by ArchietheDragon on Oct 12, 2015 12:37:13 GMT -5
He doesn't HAVE any problems. It is problems created for him because of the $10K limit. He ate free food to save it up! From food banks. Legal - shmegal... He won't get arrested - the money just gets reported. Nothing else. He is creating his own problems. I agree. Can't he be less old and stubborn?
|
|